Zayo Group has acquired CoreXchange, Inc., a data center, bandwidth and managed services provider in Dallas, Texas. Financial terms were not disclosed. The purchase adds one new data center to Zayo's zColo portfolio. In addition, zColo will secure an additional 12,000 square feet in CoreXchange’s suite at its existing data center in the Dallas Infomart at 1950 N. Stemmons Freeway.
The acquisition yields over 18,000 square feet of total data center space and brings zColo’s national data center count to 27 locations. As a part of the acquisition, Zayo will also assume ownership of ColoUnlimited, CoreXchange’s online presence that facilitates simple, real-time online sales and ordering of colocation services. zColo will continue operating ColoUnlimited in the Dallas market before integrating into Zayo’s recently announced Internet Portal, Tranzact, in the second quarter of 2014. Tranzact will enable transactional ordering capabilities across zColo’s national data center footprint.
- The CoreXchange transaction follows Zayo's 2013 acquisition of CoreNAP, establishing zColo’s presence in Austin, Texas, as well as zColo’s recent organic expansion announcement in Miami, Fla., at 36 NE 2nd St.