Data Center News

Markley Group seeks $80 million in data center litigation with Zayo

The Markley Group has filed a $80 million lawsuit against networking company Zayo Group over a data center lease in a Boston carrier hotel. The filing is a response to the case raised by zColo in April 2023, in which it was alleged that the Markley Group had engaged in a years-long campaign of...

August 02, 2023

Zayo

Zayo Group is Acquiring Education Networks of America

Zayo Group has announced that it entered into a binding agreement to acquire Education Networks of America (ENA). ENA provides security services and managed connectivity to E-Rate-funded school districts. Zayo and ENA are now in the pole position to provide library, education, public sector, a...

March 04, 2022

Zayo

DataBank closes Acquisition of Zayo's data centers

DataBank has closed deal to acquire 45 of Zayo's data centers across 20 markets in the US and UK. A second closing for zColo’s data centers in France is expected to be completed in Q1 2021. The deal instantly transforms Databank into a large player in the colocation market. With zColo's facili...

December 15, 2020

DataBank

Zayo hires Steve Smith as CEO, Caruso steps down

Steve Smith, who left Equinix in 2018, will join Zayo as CEO. Dan Caruso, who has lead Zayo since its founding in 2007 will remain on Zayo's board. Zayo Press Release on Oct 22nd: BOULDER, Colo--Zayo Group Holdings, Inc., the global leader in Communications Infrastructure, announced today ...

October 23, 2020

Zayo

Zayo Appoints Julie Tschida Brown as Chief People and Culture Officer (PR)

BOULDER, Colo.--(BUSINESS WIRE)-- Zayo Group Holdings, Inc., the global leader in Communications Infrastructure, announced the appointment of Julie Tschida Brown as Zayo’s Chief People and Culture Officer. In this role, Tschida Brown will oversee a comprehensive suite of human capital areas in...

October 05, 2020

Zayo

DataBank acquires zColo sites from Zayo for $1.4 Billion

DataBank will acquire Zayo's zColo division for $1.4 billion. The deal includes the sale of 44 data centers in more than 20 markets across the United States and Europe. The transaction is expected to close in December 2020. Once closed, DataBank will operate 1.1 million square feet of data cen...

September 30, 2020

DataBank

Zayo Completes Transition to a Private Company

Zayo is now a private company, owned by a joint venture of Digital Colony and EQT after completion of a $14.3 billion purchase, 10 months after it was announced. Digital Colony said the deal was the largest syndicated private equity investment, the fifth largest media and communications levera...

March 09, 2020

Zayo

Zayo Considers Sale of zColo Division

Bloomberg reports that Zayo is considering the sale of zColo, which could fetch approximately $1 Billion. In May, Digital Colony Partners and EQT Partners agreed to acquire Zayo in May 2019. Link to the Bloomberg article

November 19, 2019

Zayo

Zayo Announces Definitive Agreement to be Acquired by Digital Colony and EQT (PR)

BOULDER, Colo.-- Zayo Group Holdings, Inc. (“Zayo” or “the Company”) (NYSE: ZAYO), which provides mission-critical bandwidth to the world’s most impactful companies, today announced that it has signed a definitive merger agreement to be acquired by affiliates of Digital Colony Partners (“Digit...

May 08, 2019

Zayo

Zayo Closes Acquisition of Electric Lightwave (PR)

BOULDER, Colo. – Zayo Group Holdings, Inc. (NYSE: ZAYO) today announced it has closed its $1.42 billion acquisition of Electric Lightwave (formerly known as Integra Telecom), an infrastructure and telecom services provider serving 35 markets in the western U.S. The acquisition adds 8,100 rout...

March 01, 2017

Zayo

Zayo is continuing to build Fiber in existing markets

It is good to see Zayo's commitment to continue invest and buildout fiber. Dave Jones, EVP of dark fiber services for Zayo, told FierceTelecom that while the service provider will look for opportunities to grow its fiber network into new markets, enhancing existing builds allows it to gain...

September 15, 2016

Zayo

Ready to Level up Your
Data Center Strategy?

Message Us Book Consultation