International bandwidth infrastructure company Zayo Group announced it has signed a definitive agreement to acquire Paris-based bandwidth infrastructure company Neo Telecoms. The deal nets Zayo nine colocation data centers across France, and over 350 metro route miles in Paris. The Paris and regional network throughout France will be integrated into Zayo’s existing European network connecting London, Frankfurt and Amsterdam and the U.S.
Neo provides dark fiber, IP, Ethernet, wavelength and colocation services to high-bandwidth companies in continental Europe and serves more than 600 carrier and enterprise customers, primarily concentrated in the technology, media, telecom, and finance sectors.
“Neo has established a strong Bandwidth Infrastructure presence in France and we believe this acquisition will enable growth through our combined fiber footprint for end-to-end solutions,” said Dan Caruso, President and CEO of Zayo Group. “While we will bring a much expanded capability to the table, we also respect the importance of local relationships and expertise. The two principal founders of Neo, Didier Soucheyre and Florian du Boys, will stay with the combined companies and lead Zayo France, a new business unit focused on that market.”
"Neo has been focused on a very similar Bandwidth Infrastructure product set and is well-aligned with Zayo’s focus on data center connectivity,” says Florian Du Boys, CEO of Neo and future leader of the Zayo France business unit. “The combined networks of Neo and Zayo will provide our customers with the same key services, and now access to Zayo’s extensive international network.”
Zayo Selected by DE-CIX
Zayo also recently announced that it has signed a long-term agreement with DE-CIX North America to support the launch of its U.S. interconnection business model in the New York/New Jersey market. DE-CIX, the German Internet exchange operator announced the New York expansion earlier this year. zColo will provide the infrastructure for DE-CIX New York’s access points at 111 8th Avenue and 60 Hudson Street colocation facilities in New York, as well as connectivity to the DE-CIX infrastructure at 165 Halsey St. in Newark, NJ. zColo enables access to 103 points of presence in these buildings and connectivity options to over 800 customers through its dense fiber riser system.
“DE-CIX New York is delivering a peering ecosystem that provides the world’s largest ISPs, Content Delivery Networks (CDNs), service providers and web hosters with the most advanced interconnection options available,” explains Frank Orlowski, chief marketing officer for DE-CIX. “To deliver this, we require first-class interconnection facilities and an extensive fiber-optic infrastructure that allows our customers to easily connect from anywhere in the NY/NJ metro. zColo and Zayo deliver this for us, with a high level of service and availability.”