Monday, November 7, 2016

Zayo Acquires Silicon Valley Data Center for $12.8 Million

Zayo has acquired a data center in Santa Clara, California - its first in Silicon Valley - for $12.8 million. Zayo has 1,500 route miles of fiber in the SF Bay Area.

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. The acquisition will contribute over $1 million in incremental annualized adjusted EBITDA.

“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.

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