Sunday, October 1, 2006

AboveNet Sells Data Centers in NYC and No. Virginia

AboveNet sold its interests in three data center facilities located in New York City and Northern Virginia to Digital Realty Trust for $40,075,000.

"From a strategic perspective, this transaction is consistent with the continuing evolution of AboveNet as a company with a laser focus on fiber-based connectivity solutions. This includes our new data center to data center service, dcXchange, that delivers high performance connections between prime data center locations in both these markets. This transaction allows us to continue investing in our customers and the infrastructure they need to be successful in today's bandwidth intensive marketplace," said Bill LaPerch, President and CEO of AboveNet.


See also