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Home Business News Zayo Announces Definitive Agreement to Sell zColo Data Center Assets to DataBank

Zayo Announces Definitive Agreement to Sell zColo Data Center Assets to DataBank


BOULDER, Colo.–()–Zayo Group Holdings, Inc. (“Zayo” or “the Company”), today announced that the Company has entered into an agreement to sell zColo, including certain U.S. and European data center assets, to DataBank. The transaction includes the sale of 44 data centers in more than 20 markets across the United States and Europe. DataBank will own and manage the sites, in which Zayo will remain a key anchor customer to provide network connectivity solutions for its customers.

“This agreement represents a material step in our path to focus on our core Networks business, which we first outlined in February 2019,” said Dan Caruso, CEO of Zayo. “With approximately 1,200 of the world’s most…



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