Fiber network company Zayo Group Holdings' initial public offering (IPO) was a success when investor enthusiasm about growing commercial demand for high-speed broadband drove up the company's stock as much as 20 percent.
Zayo's zColo division is teaming with Netflix to sponsor and house FL-IX, a non-profit peering group that will serve the southeastern U.S. and Latin America. Besides Netflix and Zayo, FL-IX's other members include Akamai, CloudFlaire and Host.Net. These members are all actively seeking peering partnerships.
Zayo appears to be taking a new stab at the long forgotten bandwidth trading concept by launching Tranzact, a platform that will allow enterprise customers or resellers the ability to order bandwidth services.
Zayo continues to ramp up its cloud services connection ecosystem, announcing that it has added infrastructure-as-a-service provider Ajubeo to its Connect to the Cloud platform.
With the debut of its Connect to the Cloud platform, Zayo is joining the growing crowd of service providers offering their network as a conduit for business customers to access third-party cloud providers. Zayo's program offers connectivity to over 500 data centers worldwide.
Zayo is giving its growing base of carrier, media and content companies another connectivity option in New York by establishing a point of presence (PoP) at 325 Hudson, the carrier-neutral core interconnection facility that's located on the crossroads of Hudson Street and the Holland Tunnel in New York City.
Geo Networks, which is now part of Zayo, has reached a deal to acquire the assets of the failed Digital Region broadband network in South Yorkshire, England, reports The Star.
Thirty schools and administration buildings in the Weld County School District in Colorado are getting access to a 1 Gbps private dedicated network as part of a build completed by Boulder, Colo.-based Zayo Group.
Zayo has filed the necessary paperwork with U.S. regulators to conduct an initial public offering (IPO) with hopes of raising up to $100 million.
Zayo announced its acquisition of Atlanta data center and managed services provider AtlantaNAP, a purchase that will expand its data center count to 28 locations.