Company now owns 62 data centers across North America and Europe
BOULDER, Colo. – November 7, 2016 – Zayo Group Holdings, Inc. (NYSE: ZAYO) has completed a $12.8 million acquisition of a data center in Santa Clara, the company’s first data center in Northern California. The Bay Area represents one of Zayo’s most extensive metro dark fiber footprints encompassing 1,500 route miles. The expansion is driven by strong customer demand in Northern California leveraging interplay between data center and Communications Infrastructure
The facility, located at 5101 Lafayette Street, includes 26,900 total square feet and three megawatts (MW) of critical power. The location is adjacent to the recently completed Levi’s Stadium and connects to multiple data centers in Silicon Valley via Zayo owned fiber assets. The facility also includes high-efficiency power and cooling infrastructure, seismic reinforcement to “1.5” and proximity to Zayo’s long haul dark fiber routes between San Francisco and Los Angeles.
With the high concentration of technology, content companies and research labs, Silicon Valley is a highly strategic location for Zayo. This facility complements zColo’s strong nationwide footprint, which is experiencing demand from cloud, content, service providers and traditional enterprise firms.
“We have long targeted Northern California as an expansion opportunity for our zColo data center business. The quality and high-power density of this facility is perfectly matched to the requirements of our leading-edge, Bay Area customers,” said Chris Morley, COO at Zayo.
The acquisition will contribute over $1 million in incremental annualized adjusted EBITDA.
For more information on Zayo, please visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud services to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 112,600-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud services in its carrier-neutral data centers. Zayo provides clients with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth and services. For more information, visit zayo.com.
Forward Looking Statements
This press release contains a number of forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. No assurance can be given that future results expressed or implied by the forward-looking statements will be achieved and actual results may differ materially from those contemplated by the forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control. For additional information on these and other factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our 10-K dated August 25, 2016. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.