Zayo Group has completed its acquisition of FiberGate, Inc., a Washington, D.C. metro area provider of Dark Fiber services. The acquisition adds 399 new route miles and 130,000 fiber miles in Washington, D.C., Northern Virginia, Baltimore, and suburban Maryland to Zayo’s network.
FiberGate offered Dark Fiber exclusively and has been providing Dark Fiber services to the federal government, large enterprise and carrier customers for almost 17 years. Zayo plans to continue to offer Dark Fiber and expand the service portfolio to include lit Bandwidth Infrastructure services like Wavelengths, Ethernet, IP and SONET.
The footprint includes over 315 buildings (key government sites, carrier hotels, data centers, cell towers and enterprise buildings) across 779 route miles including Baltimore, Howard, Montgomery, Prince Georges, and Frederick Counties in Maryland, Washington, D.C., and the City of Alexandria, Loudoun, Fairfax, and Arlington Counties in Northern Virginia.
The $117M transaction closed August 31 and was funded from available cash.
For more information on Zayo, visit www.zayo.com.
