Zayo Group, a global provider of network-neutral colocation and bandwidth infrastructure based in Boulder, Colorado, decided to start the process of an IPO in the US at the same time, the company announced the acquisition of Atlanta Colo installations ( "AtlantaNAP"), a data center based in Atlanta and managed services provider.
Zayo has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to its proposed public offering of its common shares. The number of shares to be offered and the price range for the offering have not yet been determined
When available, a copy of the preliminary prospectus may be obtained from Morgan Stanley in prospectus @ MorganStanley .com. Barclays Capital, in Barclaysprospectus@broadridge.com; or Goldman, Sachs & Co., via prospectus-ny@ny.email.gs.com.
acquisition AtlantaNAP
The acquisition of AtlantaNAP more than 72,000 square feet yields of total space in the data center, including 42,000 square feet of colocation space conditioning. The purchase brings the number of Zayo's data center at 28 locations. National corporate data center footprint is now more than 570,000 square feet.
AtlantaNAP, located at 1100 White St. SW, opens a new market for zColo, and complete the fiber network Zayo Atlanta, which covers more than 0 miles of road. The Atlanta colocation facility is connected to most media hotels and large data centers via high number and rings of various fibers, providing customers with more connectivity options.
The SSAE 16 Type II compliant installation Power 5MW offers fully redundant 2N UPS, serviced the diverse utility feeds. The site will offer the full range of bandwidth services informed and Zayo access to metro and long-haul dark fiber backbones Zayo.
"Atlanta is a roommate in high demand market and a hub more for health care, technology, and large enterprises," said Greg Friedman, vice president zColo of . "the AtlantaNAP facility offers customers a highly secure and redundant infrastructure, and will now be able to leverage the existing footprint of Zayo fiber to provide connectivity oriented roommate offers in Atlanta for new and existing customers. "
the transaction was AtlantaNAP financed with cash on hand . the acquisition follows the March 2014 acquisition of Zayo CoreXchange, a colocation provider in Dallas.
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