Thursday, June 14, 2012

Zayo Acquires AboveNet



On March 19, 2012, Zayo Group agreed to purchase AboveNet for $2.2 billion. Zayo specializes in high bandwidth and neutral colocation services. Zayo owns 45,400 miles of fiber across 42 states and 70 metro markets. Zayo has made several acquisitions over the years, but AboveNet will be the first company with a channel program.

Glenn Russo, Zayo's executive vice president of corporate strategy and development, stated that AboveNet's intent is to have a strong channel program.

Past Zayo Acquisitions:

* Mar 19, 2012: AboveNet
* Dec 2, 2011: 360Networks Corp (Seattle)
* Oct 1, 2010: American Fiber Systems Holding (Rochester)
* Jul 1, 2010: AGL Networks LP (Atlanta)
* Sep 9, 2009: FiberNet Telecom Group Inc (New York)
* Aug 25, 2008: FiberLink LLC from Columbia Ventures Inc
* Jun 2, 2008: Northwest Telephone Inc
* Feb 18, 2008: Citynet Fiber Network

To see what Zayo / AboveNet can offer your business simply request a free quote here:

High Bandwidth & More

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