Zayo Buys More Colo, Acquires CoreXchange

March 6th, 2014 by · 7 Comments

corxchangeThis morning, Zayo announced the acquisition of CoreXchange. CoreXchange operates two data centers, one at 8600 Harry Hines Blvd which is new for Zayo, and the other at the Dallas Infomart at 1950 N. Stemmons Freeway where Zayo already has space. In all, the deal will give Zayo some 34,000 square feet of interconnection-focused colocation space in Dallas.

Zayo’s zColo business got its start with the Fibernet Telecom Group acquisition. After working out the kinks, they have been replicating the business around the country and now have 27 locations. Texas has apparently been a focus lately, as they also recently bought CoreNAP last summer to enter Austin. And most recently they have been busy down in Miami with an organic buildout.

I keep expecting Zayo’s next deal to be across the Atlantic, where they have that starter loop onto the continent just sitting there ready to bolt on some assets.  But as always, they have lots of irons in the fire.

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Categories: Datacenter · Mergers and Acquisitions

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7 Comments So Far

  • schmuckinsurance says:

    Speaking of Europe, word is Zayo are at the table on Geo.

  • Tierzero says:

    There has been a lot of smaller telecoms being bought up by bigger company’s in the Los Angeles area as well. We just bought out TCAST and we are looking into others as well.

  • mark moore says:

    I believe the sooner they leave the US market , the better for us all. no idea how to run a telecom company, No employee or American values.

  • Grant Lewis says:

    I wonder if Zayo would consider going after EUNetworks .. that would be interesting.

  • b says:

    i believe that Zayo had colo in places like Plymouth, MN, Memphis, etc. before the FiberNet acquisition. FiberNet netted them a bunch of colos in NY/NJ and some other Tier 1 cities like One Wilshire in LA. That is when they may have rebranded to “zcolo”.

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