Zcolo, a US based colocation division of international bandwidth infrastructure provider Zayo Group has acquired CoreXchange, a data center, bandwidth and managed services provider in Dallas, Texas for an undisclosed cash sum.
The purchase adds one new data center, to the zColo portfolio and zColo will secure an additional 12,000 sq ft in CoreXchange’s suite at its existing data center in the Dallas Infomart.
It brings zColo’s national data center count to 27 locations. Zayo also assumes ownership of ColoUnlimited, CoreXchange’s online presence that facilitates online sales and ordering of colocation services.
zColo will continue operating ColoUnlimited in the Dallas market before integrating into Zayo’s recently announced Internet Portal,Tranzact, in the second quarter of 2014. Tranzact will enable transactional ordering capabilities across zColo’s national data center footprint.
The company’s Dallas facilities are diversely connected to Zayo’s dense fiber footprint in Dallas, providing connectivity to major carriers and content providers and access to Zayo’s full suite of dark fiber, bandwidth solutions and Tier-1 IP network.
Zayo’s metro fiber network in Dallas spans more than 500 route miles and reaches more than 250 on-net buildings, enabling customers to connect to other locations via Zayo’s metro fiber footprint. Customers also can connect to other metro market locations across the country via long-haul fiber routes.
“Dallas is one of the world’s leading corporate headquarter hubs and has seen tremendous growth in the high tech and energy fields,” said Chris Morley, president at Zayo Group. “Expanding the zColo footprint not only provides more alternatives for colocation in the Dallas market, but provides easier access for customers to tap into Zayo’s international Bandwidth Infrastructure footprint.”
The CoreXchange transaction follows the 2013 acquisition of CoreNAP, establishing zColo’s presence in Austin, Texas, as well as zColo’s recent organic expansion announcement in Miami, Fla., at 36 NE 2nd St. The transaction was funded with cash on hand.