News Feed Item
Zayo Acquires London-Based Fiber Provider Geo Networks
|By Business Wire
|May 16, 2014 08:02 AM EDT
Zayo Group, LLC (“Zayo”), an international provider of Bandwidth
Infrastructure, today announced it has acquired Geo Networks Ltd
(“Geo”), a London-based dark fiber provider. The acquisition will add
over 2,100 route miles to Zayo’s European network, and connectivity to
587 on-net buildings.
Founded in 2002 by Jonathan Watts and Chris Smedley, Geo owns and
operates a high capacity fiber network in the UK, providing managed
networks, dark fiber and co-location services to a variety of
high-bandwidth sectors including media companies, service providers,
financial services, data centers and gaming organizations. Geo’s 100
route mile London network is housed in the London sewer system which
minimizes the threat of physical faults, boosting reliability and
security, and enabling rapid deployment with minimum disruption.
The Geo acquisition will significantly increase Zayo’s fiber footprint
in the UK, adding over 1,800 miles of national fiber connecting 130 data
centers, telehouses and key internet exchanges. It also will provide
direct access to major cities including Manchester, Birmingham and other
significant commercial regions. In addition to enhancing Zayo’s UK
network, Geo’s fiber enables Zayo to establish a presence in Ireland
through the diverse optical fiber subsea system, East-West Ring,
providing diverse connectivity to Dublin, a strategic hub for data
centers and cloud service providers.
“Geo’s extensive fiber and conduit assets complement our existing London
footprint and bring an increased breadth to our UK network,” said Dan
Caruso, CEO of Zayo Group. “Additionally, diverse connectivity to Dublin
is critical as it continues to develop as an international data center
“Zayo is a Bandwidth Infrastructure leader with a growing international
presence,” said Chris Smedley, Chief Executive of Geo Networks. “Our
customers will not only benefit from the expanded reach of the combined
network, but also the opportunity to access Zayo’s full suite of
The deal will close immediately and will be funded by a combination of
cash on hand and a draw from Zayo’s revolving credit facility. The
purchase price has not been disclosed.
The integration of Zayo and Geo’s networks will enable access to 79,000
miles of fiber in 8 countries, and connectivity to more than 650
datacenters. For more information about Zayo, please visit www.zayo.com.
Notes to Editor:
Zayo has acquired the issued share capital of Ego Holdings Limited, the
ultimate parent company of the operating businesses in the Geo group,
from the Alchemy Investment Plan.
Arma Partners advised Geo Management and Alchemy on the transaction.
About Zayo Group
Based in Boulder, Colo., Zayo Group provides comprehensive Bandwidth
Infrastructure services in over 300 markets throughout the US and
Europe. Zayo delivers a full suite of lit services and dark fiber
products to wireline and wireless customers, data centers, Internet
content providers, high-bandwidth enterprises, and government agencies
across its robust 77,000 route mile network. The company also offers 27
carrier-neutral colocation facilities across the US. Please visit www.zayo.com for
more information about Zayo and its fiber solutions.
About Geo Networks
Geo is the only company in the UK to focus solely on the design, build
and operate of bespoke dedicated fibre network solutions. Geo’s
revolutionary and flexible approach means that for the first time,
organisations can own and control their networks, ensuring that
security, high bandwidth and resilience are guaranteed. By allowing its
customers to directly own and control the underlying optical fibre that
is at the heart of their data network, Geo is the only truly open access
network provider in the UK. It provides an extensive range of solutions
including fully managed networks, dark fibre and co-location services.
Geo enables network solutions in the London area and throughout the UK
with onward connectivity to Ireland through the newest diverse optical
fibre subsea system, the East-West Ring. Customers include media
companies, service providers, major banks, carriers, data centres and
gaming organisations. Geo won ‘Fixed Network Infrastructure Innovation’
in the GTB Innovation Awards 2013 and ‘IT Vendor of the Year’ in the
2012 eGR B2B Awards, was a finalist in the 2011 UK Customer Experience
Awards, listed in the Deloitte Technology Fast 50 list for 2011 and Geo
was also shortlisted for the 2010 Sunday Times Tech Track 100: Barclays
Corporate Performance Excellence Award. Visit www.geo-uk.net
or follow @geonetworks
for more information.
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities.
One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
Apr. 30, 2016 05:30 PM EDT Reads: 677
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data.
In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Apr. 30, 2016 04:45 PM EDT Reads: 545
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Apr. 30, 2016 04:45 PM EDT Reads: 1,040
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
Apr. 30, 2016 04:45 PM EDT Reads: 977
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene.
In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
Apr. 30, 2016 04:15 PM EDT Reads: 535
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time.
In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
Apr. 30, 2016 04:15 PM EDT Reads: 729
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls?
In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Apr. 30, 2016 04:15 PM EDT Reads: 1,024
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
Apr. 30, 2016 04:15 PM EDT Reads: 1,659
Unless you don’t use the internet, don’t live in California, or haven’t been paying attention to the recent news… you should be aware that self-driving cars are on their way to becoming a reality. I have seen them – they are real.
If you believe in the future reality of self-driving cars, then continue reading on. If you don’t believe in the future possibilities, then I am not sure what to do to convince you other than discuss the very real changes that will roll out with the consumer producti...
Apr. 30, 2016 04:00 PM EDT Reads: 533
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited.
In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Apr. 30, 2016 03:30 PM EDT Reads: 1,431
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore.
This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
Apr. 30, 2016 03:15 PM EDT Reads: 709
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content.
This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails.
If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
Apr. 30, 2016 02:30 PM EDT Reads: 1,698
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...
Apr. 30, 2016 02:15 PM EDT Reads: 1,442
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems.
In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will shares the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Apr. 30, 2016 02:00 PM EDT Reads: 1,070
SYS-CON Events announced today that Stratoscale, the software company developing the next generation data center operating system, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere...
Apr. 30, 2016 01:15 PM EDT Reads: 1,519