Saturday, December 15, 2012

Zayo Acquires Fiber Net in Baltimore for $22 Million

Zayo agreed to acquire Litecast/Balticore , a provider of metro Bandwidth Infrastructure services in Baltimore, Maryland, for $22 million.

Litecast owns and operates a metropolitan fiber network connecting over 110 on-net buildings in Baltimore, including all of the city’s major data centers and carrier hotel facilities. Litecast is focused on providing dark fiber and Ethernet-based services to a concentrated set of Baltimore enterprise and governmental customers, particularly within the healthcare and education segments.

Zayo said the acquisition boots its own fiber network in the greater Baltimore-Washington metropolitan area, complementing the recently acquired AboveNet and FiberGate networks in the Washington, D.C. and Northern Virginia area.

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