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Technology  January 4, 2016

Zayo Group closes acquisition of Viatel assets

BOULDER — Bandwidth infrastructure provider Zayo Group Holdings Inc. (NYSE: ZAYO) announced that it has closed on thoroughly $107 million acquisition of Viatel’s infrastructure and non-Irish enterprise business.

The deal, originally announced in November, gives Boulder-based Zayo an 8,400-kilometer fiber network that is spread across eight countries, including 12 metro networks and seven data centers. It also includes two subsea cable systems that provide connectivity between London and Amsterdam and between London and Paris.

Zayo bought the assets from Viatel parent Digiweb Group, which is based in Dublin, Ireland.

BOULDER — Bandwidth infrastructure provider Zayo Group Holdings Inc. (NYSE: ZAYO) announced that it has closed on thoroughly $107 million acquisition of Viatel’s infrastructure and non-Irish enterprise business.

The deal, originally announced in November, gives Boulder-based Zayo an 8,400-kilometer fiber network that is spread across eight countries, including 12 metro networks and seven data centers. It also includes two subsea cable systems that provide connectivity between London and Amsterdam and between London and Paris.

Zayo bought the assets from Viatel parent Digiweb Group, which is based in Dublin, Ireland.

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