Northeastern regional and metro fiber operator sidera has been busy increasing its depth at datacenters in its region lately. Today they announced a partnership with Telehouse America. Telehouse customers in their facilities at 85 10th Avenue in Chelsea, 25 Broadway in the Wall Street area, and 7 Teleport Drive on Staten Island will be able to smoothly access Sidera’s low latency offerings in the New York metro area as well as its Ethernet services. Sidera will also gain access to colo space in Telehouse facilities at low or no cross connect fees. Telehouse has been very active lately with expansions not just in NYC but also in Hong Kong and even Istanbul.
Meanshile down in Washington DC last week, Sidera announced the expansion of its fiber footprint into several datacenters in northern Virginia, including that of high density specialist Latysis in Ashburn. Latysis has a new 71,800 square foot facility in place, plus an adjacent 63,000 square foot one next door with over 40MW of available power. The other facilities they built fiber into weren’t mentioned, but it is clear that Sidera continues to spend on increasing depth within its region.
Like several medium to large fiber operators, Sidera has been rumored to be up for sale for several months despite the fact that ABRY Partners just bought them last fall. While I still doubt whether private equity will buy Sidera from private equity straight up, Sidera’s assets would fit well with a variety of other companies across the sector without breaking the bank. It seems more likely to me, therefore, that Sidera will find a buyer than AboveNet, for example.
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