Showing posts with label Zayo. Show all posts
Showing posts with label Zayo. Show all posts

Tuesday, May 3, 2022

Equinix tests 400G to link Paris-London data centers over Zayo

 Equinix is testing a 400G connection between its data centers in London (Slough) and Paris on Zayo’s subsea fiber network. 

As part of the trial, Zayo deployed a 500G optical channel on its 800G-enabled, DWDM network. The company used the additional bandwidth to deploy an extra 100G wave for enhanced monitoring capabilities, creating increased visibility to ensure the consistent viability of the network. The connection was able to withstand full-load testing without any traffic loss.

Zayo said the 400G technology produced many benefits by reducing hardware from four separate 100G optical cards to just one 400G card. This resulted in a simple application with fewer handoffs between the customer and Zayo, reducing the potential points of failure. Equinix streamlined operations by having fewer circuits to manage and operate its network while reducing costs. These achievements mark key differentiators for customers who build their networks around high bandwidth capacity.

As part of the trial, Zayo also reduced power consumption per gigabit by 40% compared to prior generation hardware. In addition to reducing energy costs for customers, the achievement aligns with commitments by both Zayo and Equinix to sustainable business practices and efforts to reduce environmental impacts. Zayo has also achieved efficiencies in hardware and equipment usage.

Zayo also confirmed that it is working to deliver 400G wavelength services across the majority of its U.S. and European routes by the end of 2022.

“As the first global data center platform to trial 400G, we see tremendous potential in how it will help power our next generation of services,” said Muhammad Durrani, Senior Director, Global Network Architecture, Equinix. “Our success in this trial is about more than faster speeds; it’s about the outcomes it will enable for our customers, such as achieving the low-latency requirements of critical devices transforming everything from transportation to healthcare.”

“At Zayo, not only are we focused on our customers’ connectivity needs today, we are preparing for their speed, latency, and capacity needs of tomorrow while simultaneously driving efficiencies and simplifying the overall network design,” said Yannick Leboyer, Zayo’s COO, Europe. “Equinix is sitting at the epicenter of several trends that are reshaping the industry – from digital transformation and big data to IoT and AI. Together, we’re future-proofing the ecosystem to help companies grow and innovate.”

Zayo carries 800G wavelength over 1,044km

Zayo has deployed the world’s longest known terrestrial 800G optical wavelength in a commercial network — 1,044.51 km along a fiber route stretching from Springville, Utah to Reno, Nevada. The transmission is powered by Infinera’s ICE6 800G coherent technology.In recent months, Zayo has been making major investments in the company’s fiber network throughout North America and Western Europe, including 31 high-capacity, 400G-enabled long-haul routes...

Zayo expands fiber network in Seattle-Tacoma area

Zayo announced an expansion of its network infrastructure in the Seattle-Tacoma area of Washington.As part of the expansion, 400G wavelength capacity will be available between Seattle and Spokane by the end of June 2022, adding crucial IT bandwidth to a key route between two major Washington cities.Zayo is also rolling out a new product offer to new and existing customers in the greater Seattle-Tacoma area. The offer, called Shielded Internet Access,...

Zayo lays out its 400G upgrade plan

Zayo announced the planned deployment of thirty-one high capacity, 400G-enabled long haul routes across North America and Western Europe. The significant network update is expected through Q1 of 2022. Up to 800G transmission will be available in select areas as Zayo deploys significant speed enhancements in anticipation of future network needs.“400G is rapidly becoming the prevailing requirement for networks and Zayo is breaking new ground with its...

Zayo deploys Ciena’s WaveLogic 5 between Dublin and Amsterdam

 Zayo announced the deployment of Ciena’s WaveLogic 5 Extreme (WL5e) technology between Dublin, Ireland and Amsterdam, Netherlands.“This deployment demonstrates Zayo’s commitment to adopting innovative technologies that allow us to provide customized, state-of-the art network solutions to our customers,” said Jesper Aagaard, Managing Director of Zayo Europe. “This collaboration with Ciena enhances Zayo’s already extensive coverage throughout...


Tuesday, April 12, 2022

Zayo launches Enterprise Solutions

Zayo launched a suite of connectivity, security and networking services for enterprises.

“With Zayo Enterprise Solutions, we are taking the expertise we’ve built serving the large hyperscalers, major carriers and 70% of the top U.S. financial services firms and extending that same level of speed, security and service to enterprises of all sizes,” said Dan Stoll, Managing Director of Regional Network Services at Zayo. “Too many businesses are stuck with multiple connectivity vendors and outdated networks, leading to a clunky, overpriced experience. Our goal is to deliver an alternative that is more affordable, more efficient and well-positioned to help enterprises grow.”

Highlights of Zayo Enterprise Solutions:

  • Shielded Internet Access - a dedicated Internet connection and the option to select DDoS Protection with always-on monitoring, attack identification, and unlimited auto-mitigation, as well as CloudLink - a secure, private connection to a customer’s cloud provider.
  • Shielded Virtual Network - a private, dedicated solution that enables users to share data across multiple locations using a private IP VPN.
  • Local, Personalized Support

Zayo has established dedicated teams in Dallas/Fort Worth, Denver, Indianapolis, Phoenix, Seattle and Toronto to provide local support.

https://go.zayo.com/enterprisesolutions

Wednesday, March 16, 2022

Zayo carries 800G wavelength over 1,044km

Zayo has deployed the world’s longest known terrestrial 800G optical wavelength in a commercial network — 1,044.51 km along a fiber route stretching from Springville, Utah to Reno, Nevada. The transmission is powered by Infinera’s ICE6 800G coherent technology.

In recent months, Zayo has been making major investments in the company’s fiber network throughout North America and Western Europe, including 31 high-capacity, 400G-enabled long-haul routes and its first production interstate 800G wave in the United States. 

“Zayo continues to achieve what wasn’t previously possible as part of our efforts to provide best-in-class connectivity services and enable our customers’ growth,” said Aaron Werley, Vice President of Lit Networks at Zayo. “We look to the goals of our customers to inform our evolution, and the demand for 800G is being driven by a need for more bandwidth at higher line rates, all while leveraging the cost-effectiveness of high-capacity wavelengths covering longer distances. We are grateful to both our partners at Infinera, whose hardware solutions pushed the limits, and our outstanding Zayo team members who helped make this accomplishment possible.”

“At Infinera, our vision is a connected world with unlimited bandwidth for everyone — everywhere, always, and instantly,” said Tom Burns, General Manager of Infinera’s Optical Modules & Coherent Solutions Group. “We have built our company on a history of challenging conventional thinking and reimagining the telecommunications industry to power the modern enterprise. There’s no better way to demonstrate a commitment to innovation than chasing and breaking world records in network connectivity. This is a groundbreaking moment and we are proud to have partnered with Zayo to make history.”

http://www.zayo.com

Zayo lays out its 400G upgrade plan

Zayo announced the planned deployment of thirty-one high capacity, 400G-enabled long haul routes across North America and Western Europe. The significant network update is expected through Q1 of 2022. Up to 800G transmission will be available in select areas as Zayo deploys significant speed enhancements in anticipation of future network needs.“400G is rapidly becoming the prevailing requirement for networks and Zayo is breaking new ground with its...


Wednesday, December 8, 2021

Zayo to build more fiber routes in Toronto

Zayo announced plans to build more than 140 kilometers of new fiber routes in the Greater Toronto Area by the end of 2022. Additional network expansion projects are expected in Toronto in the coming years.

Zayo’s dense fiber footprint in the Toronto area currently connects more than 100 data centers and 1,400 buildings. With over 14,000 Toronto buildings near its network, Zayo expects to connect many more buildings in the coming quarters.

Zayo is also now rolling out a new product offer to new and existing customers in the Toronto region. The offer, called Shielded Internet Access, includes Dedicated Internet Access, DDoS Protection and CloudLink, all within a single offer that will be competitively positioned against current market benchmarks.

“Toronto continues to lead and support key business sectors both nationally and globally, accelerating the need for reliable connectivity solutions,” said Roger Brulotte, Principal, Senior Sales Manager at Zayo Group. “Zayo is committed to supporting the fast-paced growth of Toronto’s diverse industries and the connectivity essential to our clients’ growth and success.”

“Zayo is helping usher in a new era for Canada’s fastest growing business and technology community,” said Toronto Mayor, John Tory. “The Toronto Region relies on accessible, high-quality connectivity infrastructure to support our key sector needs. We appreciate our partnership with Zayo and look forward to the opportunities that these network expansion projects will bring to the Greater Toronto Area.”



Tuesday, November 30, 2021

Zayo expands fiber network in Seattle-Tacoma area

Zayo announced an expansion of its network infrastructure in the Seattle-Tacoma area of Washington.

As part of the expansion, 400G wavelength capacity will be available between Seattle and Spokane by the end of June 2022, adding crucial IT bandwidth to a key route between two major Washington cities.

Zayo is also rolling out a new product offer to new and existing customers in the greater Seattle-Tacoma area. The offer, called Shielded Internet Access, includes some of Zayo’s most popular services: Dedicated Internet Access, DDoS Protection and CloudLink, all within a single offer that will be competitively positioned against current market benchmarks.

“The Seattle-Tacoma region continues to grow as a leading U.S. tech market, driving increased demand for reliable connectivity,” said Dan Stoll, Managing Director, Head of Regional Network Sales at Zayo. “We are committed to continued investment in the region to support customers’ demand for diverse, high-capacity fiber connectivity. Zayo’s unmatched network combined with the Shielded Internet Access offer provides customers with the bandwidth that takes them anywhere they need to be in the most convenient, cost-effective way possible.”

https://go.zayo.com/seattle-tacoma-dedicated-network

Tuesday, November 16, 2021

Zayo Expands in Indianapolis and Fort Wayne

Zayo announced an expansion of network infrastructure in Indianapolis and Fort Wayne, Indiana. 

Expansion plans include adding more than 200 route miles throughout Indiana over the next two years, including a new fiber route from South Bend, Indiana, to Grand Rapids, Michigan. By year’s end, a long haul dark fiber route from Indianapolis to St. Louis, Missouri will be available to new and existing customers, adding network protection on a key route between two emerging tech hubs. Additionally, starting in Q1 2022, Zayo will offer wave bandwidth up to 400Gbps from Indianapolis to Columbus, Ohio, and Chicago, Illinois.

Zayo is also rolling out a new Shielded Internet Access product offer to new and existing customers in the region. 

https://go.zayo.com/indianapolis-fort-wayne-dedicated-network

Monday, August 30, 2021

Zayo appoints Ginna Raahauge as CIO

Zayo announced the appointment of Ginna Raahauge as Chief Information Officer (CIO), reporting directly to Zayo’s CEO, Steve Smith.

Raahauge brings more than 28 years of experience as a CIO and Chief Technology Officer (CTO) for global organizations from pre-IPO to Fortune 100 companies. Most recently, Raahauge served as an executive in solution and sales engineering for Amazon Web Services (AWS), leading teams who work with start-ups to enterprises, covering everything from infrastructure through to application development. She previously served as CTO and SVP of strategy, architecture and mergers and acquisitions for Catholic Health Initiatives.

Raahauge currently serves as a technology advisory board member for Greylock Partners and previously served on the advisory board of Sutter Hill Ventures. She is also the co-founder of an angel investment firm, specializing in bringing capital to demographics that have historically been ignored.

https://zayo.com


Monday, August 23, 2021

Zayo lays out its 400G upgrade plan

Zayo announced the planned deployment of thirty-one high capacity, 400G-enabled long haul routes across North America and Western Europe. The significant network update is expected through Q1 of 2022. Up to 800G transmission will be available in select areas as Zayo deploys significant speed enhancements in anticipation of future network needs.

“400G is rapidly becoming the prevailing requirement for networks and Zayo is breaking new ground with its 800G capabilities,” said Brian Lillie, Chief Product and Technology Officer. “This deployment underscores Zayo’s commitment to maintaining the leading edge of communications infrastructure and providing state-of-the art network solutions critical to our customers’ digital transformation journeys.”

Zayo said its optimized wavelength network is designed to provide a direct route for multi-cloud and multi-market connectivity, ideal for content providers, hyperscalers, carriers and data centers. The upgrade will also enable reduced physical space requirements as well as reduced operation and maintenance costs resulting from a 40% reduction in power consumption.

http://wwww.zayo.is/400G

Zayo appoints Steve Smith as its new CEO

Zayo Group named Steve Smith as Chief Executive Officer, replacing Dan Caruso.. Smith was recently a Managing Director of the Private Equity firm GI Partners. Before that, he was CEO of Equinix for over 10 years, growing revenues from $400 million to $4.4 billion across 200 data centers, in 52 markets. He is a West Point graduate and an 8-year Army veteran.“Steve’s track record successfully managing growing digital infrastructure businesses...

Seaborn appoints Steve Orlando as CEO

Seaborn Networks appointed Steve Orlando as its new Chief Executive Officer.Orlando brings 27 years of experience across senior leadership positions at Zayo Group, Orlando joins Seaborn from Zayo Group, where he served as the Senior Vice President of Fiber and Network Solutions. In this role, he led product, operations and network development to support indirect and direct sales for the organization across 18 states in the Central Region. He...

Citing increased demand to 100G ports, Zayo announced a significant boost to its IP Transit capacity in key metro markets across the United States. Zayo recently completed upgrades to support 100G IP Transit in Phoenix, San Jose and Denver. These three metro areas join Atlanta, Boston, New York, Miami, San Francisco and Seattle in benefiting from Zayo’s 100G enabled services. “We're also meeting requests from higher bandwidth consumers as they...

Zayo adds U.S. wavelength routes

Zayo announced four new long-haul optical wavelength routes in the U.S: Miami to New Orleans features a high-capacity DWDM network, an architecture used to increase bandwidth. This route, which provides a diverse route out of Miami, provides an option for Latin American carriers that require backhaul from cable landing stations in the area. With completion expected in the third calendar quarter, the route will expand Zayo’s growing presence in...


Tuesday, April 6, 2021

Zayo to expand its fiber network in Florida


Zayo announced the final phase of construction for a network expansion in Central Florida, including Miami, Tampa, St. Petersburg, Clearwater, Bradenton, Lakeland, Orlando, Daytona Beach, Palm Bay and the surrounding areas. The additional 2,600 route miles of fiber will complement Zayo’s existing network, spanning 13 million fiber miles and providing connectivity to customers located in over 400 markets worldwide.

Zayo notes that this new fiber is installed completely underground, supporting network stability by protecting against weather-related events. Zayo is the owner and operator of the fiber, resulting in a more seamless customer experience.


“In addition to the first-ever Private Dedicated Network solutions in the state, the quality, density and diversity of our network provide a significant advantage to our customers,” said Marty Snella, SVP of Strategic Implementation. “Our expanded footprint in Florida underscores our commitment to extending global reach opportunities to the businesses and organizations that are fueling impressive growth and innovation.”


Thursday, March 25, 2021

Zayo deploys Ciena’s WaveLogic 5 between Dublin and Amsterdam

 Zayo announced the deployment of Ciena’s WaveLogic 5 Extreme (WL5e) technology between Dublin, Ireland and Amsterdam, Netherlands.

“This deployment demonstrates Zayo’s commitment to adopting innovative technologies that allow us to provide customized, state-of-the art network solutions to our customers,” said Jesper Aagaard, Managing Director of Zayo Europe. “This collaboration with Ciena enhances Zayo’s already extensive coverage throughout Europe and is an important step towards enabling 400G customer interface connectivity in the region.”


“We are pleased to support Zayo in delivering this market leading technology to their customers,” said Jamie Jefferies, Vice President and General Manager, EMEA, Ciena. “The global pandemic has significantly increased bandwidth demands as more organizations migrate business critical applications to the cloud. WL5e is the only technology readily available in the market today capable of supporting up to 800Gb/s transmission over 2x400GE client interfaces.”

http://www.zayo.com

Thursday, March 18, 2021

Zayo upgrades its fiber network in Vancouver

Zayo announced a significant expansion to its infrastructure in Vancouver, British Columbia with two key projects: a network upgrade to 100G and an increase in the fiber capacity to its existing terrestrial route between Vancouver and Seattle, scheduled for completion by mid-year of 2022.


The upgraded network in the Vancouver area will enable Zayo to support 100G services, including IP Transit and Dedicated Internet Access (DIA) services. 

The increased fiber capacity Vancouver - Seattle route will better support the region’s growing commercial marketplace, meeting demands for higher speed and increasing volume. 

“Our delivery of 100G enabled service capabilities to the Vancouver market and increased capacity for the Vancouver-Seattle technology corridor reflects Zayo’s commitment to building our network based on customer needs,” stated Dennis Kyle, SVP of Zayo Networks, Mountain Region. “We look forward to collaborating with innovative businesses and organizations in the region, helping them drive transformative changes that disrupt the way we live and work.”

Tuesday, March 9, 2021

Zayo to acquire Intelligent Fiber Network in Indiana

Zayo Group Holdings agreed to acquire Intelligent Fiber Network (IFN) which provides fiber-based connectivity solutions to over 400 customers, operates a 5,000 route-mile network across multiple markets in Indiana, including Indianapolis, Fort Wayne, Columbus, Terre Haute and South Bend.


“IFN brings to Zayo another unique and dense regional fiber network and a dedicated local team that excels in serving its customer base,” said Matt Steinfort, chief financial officer, Zayo. “This team, the additional network assets and the nearly 1,000 incremental on-net buildings will aid our efforts to accelerate growth as we look to capitalize on the enterprise opportunity within our network reach.”

“The combination of IFN and Zayo will enable significantly enhanced reach and value to our customers and our legacy owners,” said Jim Turner, chief executive officer, IFN. “Together, the combined companies will help drive investment and growth in Indiana’s communications infrastructure and advance the ubiquity of high speed connectivity throughout the state.”

Tuesday, December 15, 2020

Zayo completes sale of US and UK data centers

Zayo Group Holdings completed the previously announced sale of the its zColo data center assets in the U.S. and U.K. to DataBank. A second closing for zColo’s data centers in France is expected to be completed in the first quarter of 2021.

“With the close of the zColo-DataBank transaction, Zayo is able to focus 100% of its attention on its core Network business and customers,” said Steve Smith, CEO of Zayo. “Today, Zayo has an unparalleled depth and breadth of fiber assets across the U.S., Canada and Western Europe through which it serves many of the world’s most impactful companies. The close of this transaction will allow us to take Zayo to the next level - better aligning our resources around network quality, customer service, innovative solutions and expanded reach.”

http://www.zayo.com

DataBank to acquire Zayo's zColo data centers

DataBank agreed to acquire Zayo Group's zColo business, including 44 data centers across 23 markets in the U.S. and Europe. Financial terms were not disclosed.

The deal will make DataBank one of the largest privately-held data center operators in the U.S. and a leading provider of edge colocation and connectivity solutions to hyperscale, technology, and content customers across the U.S. Zayo Group will become a significant customer and continue to be an anchor tenant within the zColo facilities. Following completion of the deal, DataBank's assets will include:

  • 64 data centers in 29 markets (up from 20 data centers and 9 markets)
  • Over 3,000 customers including many Fortune 100 and leading cloud and content providers
  • Pro forma annual revenue of over $450M
  • 1.1M raised square feet of data center space
  • 141 MW of installed UPS capacity
  • Over 30,000 network cross connects
  • 18 major network interconnection points
  • 12 cloud nodes

DataBank said the acquisition also significantly accelerates its edge and hybrid cloud strategies. The expanded data center footprint provides DataBank’s customers with new geographic options for colocating their mission-critical content, data, and workloads closer to end-user populations in key markets like Los Angeles, Denver, Chicago, Miami, Boston, and New York City. With double the number of private cloud nodes and public-cloud on-ramps, DataBank customers will have more flexibility to design hybrid IT solutions that adapt as their infrastructure needs evolve.




Thursday, October 22, 2020

Zayo appoints Steve Smith as its new CEO

Zayo Group named Steve Smith as Chief Executive Officer, replacing Dan Caruso.. 

Smith was recently a Managing Director of the Private Equity firm GI Partners. Before that, he was CEO of Equinix for over 10 years, growing revenues from $400 million to $4.4 billion across 200 data centers, in 52 markets. He is a West Point graduate and an 8-year Army veteran.

“Steve’s track record successfully managing growing digital infrastructure businesses while maintaining high levels of operational reliability and excellence is the perfect fit for Zayo as it enters the next phase of its growth,” said Marc Ganzi, President and Chief Executive Officer of Colony Capital, and CEO of Digital Colony. “Steve will have big shoes to fill. Dan built an amazing company in just over a decade and we look forward to benefiting from his contributions as a key member of our Board of Directors.”

“Dan has built and developed Zayo from a startup into one of the defining companies of the digital transformation,” added Jan Vesely, Partner at EQT Partners, “and we are proud to continue working with Dan and Zayo on our ambitious growth plans for the company.”

DataBank to acquire Zayo's zColo data centers

DataBank agreed to acquire Zayo Group's zColo business, including 44 data centers across 23 markets in the U.S. and Europe. Financial terms were not disclosed.

The deal will make DataBank one of the largest privately-held data center operators in the U.S. and a leading provider of edge colocation and connectivity solutions to hyperscale, technology, and content customers across the U.S. Zayo Group will become a significant customer and continue to be an anchor tenant within the zColo facilities. Following completion of the deal, DataBank's assets will include:

  • 64 data centers in 29 markets (up from 20 data centers and 9 markets)
  • Over 3,000 customers including many Fortune 100 and leading cloud and content providers
  • Pro forma annual revenue of over $450M
  • 1.1M raised square feet of data center space
  • 141 MW of installed UPS capacity
  • Over 30,000 network cross connects
  • 18 major network interconnection points
  • 12 cloud nodes

The transaction is being funded by an investor group led by Colony Capital (NYSE: CLNY), DataBank’s controlling shareholder, which includes Nuveen Real Estate and others. In addition to leading a consortium of world-class institutional investors to support the acquisition, Colony Capital is investing $145 million from its balance sheet to maintain its 20% stake in DataBank. Debt financing associated with the transaction has been underwritten by TD Securities, Truist Securities and Société Générale, acting as Joint Lead Arrangers and Joint Bookrunners for the new Credit Facility.

Zayo shareholders approve acquisition by Digital Colony Partners

Shareholders of Zayo Group Holdings approved all proposals related to the definitive merger agreement to be acquired by affiliates of Digital Colony Partners and the EQT Infrastructure IV fund.

“Today’s favorable shareholder vote supports our view that this transaction is a very good outcome for shareholders and will enable Zayo to accelerate its growth and strengthen its industry leadership,” said Dan Caruso, chairman and CEO at Zayo. “The entire Zayo team is excited to work with EQT and Digital Colony to leverage our fiber assets to continue to fuel global innovation.”

The closing of the deal is expected to close in the first half of calendar 2020.

Private investors to acquire Zayo for $14.3 billion in cash

Affiliates of Digital Colony Partners and the EQT Infrastructure IV fund will acquire Zayo Group Holdings for $35.00 in cash per share of Zayo's common stock in a transaction valued at $14.3 billion, including the assumption of $5.9 billion of Zayo’s net debt obligations. The offer price represents a 32% premium to the volume-weighted price average of the last six months of $26.44.

Tuesday, September 29, 2020

DataBank to acquire Zayo's zColo data centers

DataBank agreed to acquire Zayo Group's zColo business, including 44 data centers across 23 markets in the U.S. and Europe. Financial terms were not disclosed.

The deal will make DataBank one of the largest privately-held data center operators in the U.S. and a leading provider of edge colocation and connectivity solutions to hyperscale, technology, and content customers across the U.S. Zayo Group will become a significant customer and continue to be an anchor tenant within the zColo facilities. Following completion of the deal, DataBank's assets will include:

  • 64 data centers in 29 markets (up from 20 data centers and 9 markets)
  • Over 3,000 customers including many Fortune 100 and leading cloud and content providers
  • Pro forma annual revenue of over $450M
  • 1.1M raised square feet of data center space
  • 141 MW of installed UPS capacity
  • Over 30,000 network cross connects
  • 18 major network interconnection points
  • 12 cloud nodes

DataBank said the acquisition also significantly accelerates its edge and hybrid cloud strategies. The expanded data center footprint provides DataBank’s customers with new geographic options for colocating their mission-critical content, data, and workloads closer to end-user populations in key markets like Los Angeles, Denver, Chicago, Miami, Boston, and New York City. With double the number of private cloud nodes and public-cloud on-ramps, DataBank customers will have more flexibility to design hybrid IT solutions that adapt as their infrastructure needs evolve.





“Simply put, this highly complementary acquisition will allow us to serve customers better. The strategic rationale is fully aligned with our core ‘Data Center Evolved’ strategy built around providing customers broad geographic reach as they move their content and applications closer to the edge,” said Raul K. Martynek, CEO of DataBank. “We look forward to integrating zColo into our portfolio while elevating our existing level of service to meet the increasingly diverse workloads of our enterprise customers.”


“This agreement allows both parties to focus on their core strengths,” said Dan Caruso, Zayo Group’s CEO. “We’ll continue building the most fiber-rich digital infrastructure in the world while DataBank focuses on hosting the innovations and digital workloads that our fiber and network infrastructure were designed to fuel.”


The transaction is being funded by an investor group led by Colony Capital (NYSE: CLNY), DataBank’s controlling shareholder, which includes Nuveen Real Estate and others. In addition to leading a consortium of world-class institutional investors to support the acquisition, Colony Capital is investing $145 million from its balance sheet to maintain its 20% stake in DataBank. Debt financing associated with the transaction has been underwritten by TD Securities, Truist Securities and Société Générale, acting as Joint Lead Arrangers and Joint Bookrunners for the new Credit Facility.

Wednesday, September 2, 2020

Zayo appoints Jesper Aagaard as Managing Director of Europe

Zayo appointed Jesper Aagaard as Managing Director of Europe. He will report directly to Zayo’s CEO, Dan Caruso.

Aagaard joins Zayo from GTT Communications where he served as division president of Europe and drove GTT’s successful integration of Interoute Communications. Prior to GTT, he held leadership positions at Interoute where he was responsible for operations and sales to enterprises, wholesale and channel. He was the co-founder and CEO of Netmore A/S, a profitable connectivity service provider, and oversaw its acquisition by Comendo A/S in 2008.

Tuesday, August 18, 2020

Zayo boosts its IP transit capacity in key metro markets

Citing increased demand to 100G ports, Zayo announced a significant boost to its IP Transit capacity in key metro markets across the United States.

Zayo recently completed upgrades to support 100G IP Transit in Phoenix, San Jose and Denver. These three metro areas join Atlanta, Boston, New York, Miami, San Francisco and Seattle in benefiting from Zayo’s 100G enabled services.

“We're also meeting requests from higher bandwidth consumers as they work to support the major increase in traffic on their own platforms. In many cases, the requests are for significant increases in bandwidth, even doubling capacity.”

http://www.zayo.com

Thursday, May 28, 2020

Zayo to supply diverse wavelength network to pharmaceutical company

Zayo has been selected to provide a diverse wavelength solution to a leading, global pharmaceutical company.

The diverse wavelength solution will provide core network infrastructure and upgraded capacity to support the company’s data analytics, research collaboration and product innovation.  Zayo will also provide IP transit and zColo data center space.

Zayo said the deal underscores how the pharmaceutical and biotechnology sector are driving a growing need for high performance infrastructure. Research and collaboration, analytics and predictive modeling and clinical trials are generating large volumes of data. In areas like genomics, the acquisition, analysis and storage of massive data sets require solutions with unprecedented capacity. In today’s COVID-19 environment, intra- and inter-company R&D is becoming even more collaborative to advance expedited development of treatments and vaccines.

“Our pharmaceutical customers are re-architecting their networks so they can fully leverage big data, shorten drug development timelines and improve patient outcomes,” said Derek Gillespie, chief revenue officer at Zayo. “Our extensive network provides the foundation for the capacity and performance improvements they need.”

Monday, May 25, 2020

Zayo gains UK government procurement status

Zayo has been placed on two of the UK Government’s key procurement mechanisms for the provision of fiber connectivity.

Zayo said these placements enable it to provide design, installation, testing and fiber installation for organisations across the UK public sector.

Derek Gillespie, Zayo’s global chief revenue officer, said, “I’m delighted that Zayo has been named as an approved supplier for the UK public sector. We have extensive experience in providing fiber connectivity to government and education across the United States, and we look forward to putting this expertise to work for more of the UK’s Public Sector.”

Tuesday, February 18, 2020

Zayo joins Microsoft Airband initiative for rural broadband

Zayo Group has joined the Microsoft Airband Initiative, which partners with Internet Service Providers (ISPs) working on broadband access solutions for rural unserved communities through a mix of technologies that includes TV white spaces (TVWS). As part of the agreement, Zayo will provide backbone fiber solutions via its existing network to ISPs to deliver high speed internet.

Zayo has deep, dense fiber networks in every major market in the U.S. including Tier 1, 2, 3 and 4 cities. In addition, Zayo’s long haul networks connect multiple markets, traversing rural areas in more than 30 states, either in place or under construction.

“When underserved areas gain access to high-speed internet, everyone benefits,” said Brian Daniels, senior vice president of Strategic Networks at Zayo. “Broadband provides access to educational, employment and healthcare resources at the family level as well as facilitating economic development in the communities in which they live. Combining our large mobile infrastructure builds and our ever expanding K-12 education networks provides Zayo an unparalleled platform to support the Airband Initiative. We look forward to working together with Microsoft -- and with rural service providers -- on this innovative initiative to close the digital divide.”

http://www.zayo.com/microsoft-airband