Virginia: Lightpath to acquire United Fiber and Data (UFD assets
Jun 12, 2024 | Posted by Abdul-Rahman Oladimeji
Infrastructure-based connectivity provider Lightpath has announced an agreement to acquire all of the assets of United Fiber and Data (UFD) in a transaction subject to regulatory approvals and is expected to close in the third quarter of 2024.
UFD owns and operates a diverse 323-route mile, high-fiber count network between New York City and Ashburn, Virginia, connecting the largest population center in the country with the largest data center and cloud ecosystem in the world. It also owns a 79-route mile metro network in New York City and New Jersey, including connectivity to over 350 enterprise and data center locations and a high-fiber count crossing of the Hudson River.
"The addition of United Fiber & Data is a natural extension of Lightpath's expansive Greater New York City Metropolitan fiber assets, increasing our ability to serve high-capacity customer needs into the Ashburn data center ecosystem and further enhancing our Manhattan metro coverage where we will serve nearly 1,500 enterprise and data center destinations, a 5x increase over the past three years," said Chris Morley, CEO of Lightpath. "This represents a continuation of Lightpath's strategic investment thesis of creating critical fiber infrastructure in attractive and high-growth markets for the benefit of our Enterprise, Hyperscale, and Wholesale customers."