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Press Release -- April 6th, 2018
Source: Zayo Group
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Zayo Acquires Data Center in McLean, Virginia

BOULDER, Colo.–(BUSINESS WIRE)–

Zayo Group Holdings, Inc. (ZAYO) has acquired a data center in McLean, Virginia. The acquisition, which includes tenants, data center systems, and long-term leases, was driven by strong demand in the Washington, D.C. area for low-latency colocation, interconnection and access to fiber infrastructure.

The facility, Zayo’s second colocation facility in Northern Virginia, is located at 1764 Old Meadow Lane and is 62,000 total square feet. Zayo plans to upgrade the critical power at the site to three megawatts (MW) and enhance systems resiliency, security, audit certifications, and network connectivity.

The facility, which is on-net to Zayo fiber, will provide a low-latency colocation option for government agencies, web-scale companies, cloud providers and other large enterprises, especially those located in downtown Washington, D.C. The data center will tether directly to Zayo’s data center in Ashburn, Virginia and to Zayo’s network point of presence (PoP) on M Street.

“Northern Virginia is one of the most important data center markets in the world, with a diverse base of service providers, enterprises, and government agencies all contributing to strong demand,” said TJ Karklins, senior vice president of Zayo’s zColo business segment. “This acquisition provides an important second Northern Virginia location for our client solutions and creates a strong data center option for firms located downtown and in the heart of the beltway. Our deep, dense fiber footprint in the region facilitates global connectivity, further enhancing the value proposition of the McLean location.”

For more information on Zayo, please visit zayo.com.

About Zayo Group

Zayo Group Holdings, Inc. (ZAYO) provides communications infrastructure solutions, including fiber and bandwidth connectivity, colocation and cloud infrastructure to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 127,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud infrastructure in its carrier-neutral data centers. Zayo provides users with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth. For more information, visit zayo.com.

Forward Looking Statements

This press release contains a number of forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. No assurance can be given that future results expressed or implied by the forward-looking statements will be achieved and actual results may differ materially from those contemplated by the forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control. For additional information on these and other factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our 10-K dated August 22, 2017. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.

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