Zayo Group, a global provider of network neutral colocation and bandwidth infrastructure based in Boulder, Colorado, has acquired Geo Networks, a London-based dark fiber provider. The acquisition will add over 2,100 route miles to Zayo’s European network, and connectivity to 587 on-net buildings.
Founded in 2002, Geo owns and operates a high capacity fiber network in the UK, providing managed networks, dark fiber and colocation services to a variety of high-bandwidth sectors including media companies, service providers, financial services, data centers and gaming organizations.
The Geo acquisition will significantly increase Zayo Group’s fiber footprint in the UK and provide direct access to major cities including Manchester, Birmingham and other significant commercial regions. The deal will close immediately and will be funded by a combination of cash on hand and a draw from Zayo’s revolving credit facility. The purchase price has not been disclosed.
In addition to enhancing Zayo’s UK network, Geo’s fiber enables Zayo to establish a presence in Ireland through the diverse optical fiber subsea system, East-West Ring, providing diverse connectivity to Dublin, a strategic hub for data centers and cloud hosting service providers.
The integration of Zayo Group and Geo’s networks will enable access to 79,000 miles of fiber in 8 countries, and connectivity to more than 650 datacenters.