Data center operator zColo, a subsidiary of the Zayo Group, acquired MarquisNet’s data center business. The transaction involved the purchase of MarquisNet’s MarquisNet’s data complex in Las Vegas, Nevada for an undisclosed amount.
zColo is now managing twelve different complexes across 11 major cities in the U.S. The expansion to Clark County comes as west coast enterprises are increasingly looking towards Las Vegas for disaster recovery services.
Zayo is chipping on its 18h acquisition since foundation by making its fibre solutions available to the users currently leveraging the data center.
“zColo is a carrier-neutral colocation provider focused on providing space, power, and interconnection services,” states Chris Morley, President of zColo. “Though we operate separately and autonomously from Zayo Bandwidth and Zayo Fiber Solutions, zColo’s focus is consistent with Zayo Group’s infrastructure strategy.”
Zayo has accelerated its M$A strategy to meet ambitions to expand its wholesale bandwidth and networking businesses. Back in 2011 it was reported that the company took a $315 million loan from several banks in order to finance the acquisition of 396networks, a private line solutions vendor that provides coverage throughout 20,000 square miles. This evidently proved to be a supplement Zayo was willing to invest in.
Alongside its acquisitions, the enterprise is expanding into new markets (San Diego being one of the latest), and landing contracts in its far-reaching territory. One of the latest ones is an agreement with Green House to set-up a fibre build in its Wyoming facility. The company operates a single datacenter in the state, offering different types of collocation options. The big appeal is that the center is powered wholly by wind energy, which enables Green House to be more efficient than other data centers and thus reach equally extensive cost savings.