BOULDER — Zayo Group Holdings Inc. (NYSE: ZAYO) was selected by an unnamed Infrastructure as a Service company to provide colocation, wavelengths and IP solutions.
The financial terms of the deal were not disclosed.
How a business manages its inventory can have a tremendous impact on the financial health of the company. Managed properly, inventory can be a great source of increased margins, higher revenue, or a combination of the two.
Although a spokesperson for the company would not say who the customer is, citing that the customer prefers to be kept a secret, the client will use space and power in three Zayo data centers in Denver, Chicago and Atlanta. The client will also use wavelength circuits connecting locations and a dedicated IP service.
Zayo said because the customer is leveraging data centers and networks it has in place, there is no investment on its end.