Wednesday September 5, 2012 0 comments
LOUISVILLE - Zayo Group has completed its acquisition of FiberGate Inc., a Washington, D.C. metro provider of Dark Fiber services, Zayo announced.
The acquisition adds 399 new route-miles and 130,000 fiber-miles in Washington, D.C., Northern Virginia, Baltimore and suburban Maryland to Zayo's network, the company said.
"The FiberGate and Zayo networks are very complementary," said Dan Caruso, Zayo Group's CEO. "As a result of the acquisition, we will have one of the most comprehensive networks in the D.C. area of any provider."
Zayo's international network now connects more than 9,000 on-net buildings, spanning 65,000 route-miles in seven countries, including 45 U.S. states and the District of Columbia.
FiberGate offered Dark Fiber exclusively. Zayo said it plans to continue to offer Dark Fiber and expand the service portfolio to include lit bandwidth infrastructure services like Wavelengths, Ethernet, IP and SONET.
"With FiberGate's focused product and customer set as well as excellent operations, we expect the integration to be completed quickly, making the combined footprint available to all of our customers immediately," Caruso said.
FiberGate has been providing Dark Fiber services to the federal government, large enterprise and carrier customers for nearly 17 years.
The $117 million cash transaction closed Aug. 31.
Zayo Group is an international provider of fiber-based bandwidth infrastructure and network-neutral, co-location and inter-connection services.
For more information, visit www.zayo.com.