Zayo Acquires MarquisNet Las Vegas Business
January 3rd, 2012 By: Rich Miller
The Zayo Group continues to build its zColo colocation business through acquisitions. Today Zayo said that zColo has acquired the MarquisNet data-center business in Las Vegas, which includes a 28,000 square foot data center.
The deal is Zayo Group’s 18th acquisition since its inception, the most recent being a deal to buy 360Networks late last year. zColo now has 12 data centers, and manages the meet-me room at 60 Hudson Street, one of the premier carrier hotels in New York, through its acquisition of FiberNet Telecom in 2009.
Las Vegas has been a hot market for data center action this year, with a major expansion by Switch and the announcement of new facilities by pair Networks and Cobalt Data Centers. Vegas has seen increased data center demand as a disaster recovery location for west coast enterprise customers.
zColo provides160,000 square feet of data center colocation space in 12 data centers in New York, Newark, Nashville, Los Angeles, Memphis, Tenn, Plymouth, Minn and three cities in Ohio – Cincinnati, Cleveland and Columbus. zColo reported $38.7 million in annualized adjusted revenue and $13.5 million in annualized adjusted EBITDA in the third quarter of 2011.
MarquisNet also operates a data center in Riverside, Calif.