Time for a quick rundown of some news at the regional and metro level:
Lightower has announced the imminent addition of some colo to its footprint. This week they unveiled a new 30,000 square foot colo facility in Philadelphia at 1309 Noble Street, which will come online by the end of this month. That gives them 12 colo facilities across 12 states at this point. Lightower has been fairly quiet on the M&A front lately, and some have speculated that this year they'll be sitting on the other side of the table.
Zayo has closed its $1.42B acquisition of Electric Lightwave. The deal adds 8,100 route miles of longhaul and 4,000 route miles of metro fiber to Zayo's inventory, adding significant depth throughout the western USA. That infrastructure hooks up some 3,100 enterprise buildings and 100 data centers. Zayo has already added it all to their Tranzact marketplace. They'll be holding a conference call in two weeks to talk about the integration plans, where we'll probably hear more about what they'll be doing with the CLEC side of the business.
Corero Network Security has found a regional customer out in the Midwest. Independents Fiber Network, a regional network operator owned by a group of small independet telcos in Ohio, Indiana, and Michigan, has deployed Corero's Distributed Denial of Service defence technology. The service provider plans to use the capabilities to offerr new security service services.
And Faction has earned itself a patent. The IaaS provider says it has been awarded USPTO Patent #9,571,301 for the hybrid and multi-cloud technology that underlies part of its product portfolio, enabling customers to design a cloud infrastructure that leverages multiple cloud assets but operates as a single unified cloud. Faction raised $11M last month to support its growth after seeing revenues jump 44% last year.
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