On Tuesday, Mobile Marketing Watch learned that Zayo Group has executed a definitive agreement to acquire FiberGate, Inc., a Washington, D.C. metro area provider of Dark Fiber services.
According to early details surfacing from the deal, the FiberGate acquisition adds 130,000 fiber miles to Zayo’s metro network in and around the nation’s capital.
The current FiberGate network also includes 315 on-net buildings and two recently completed expansions to Frederick and Baltimore, Maryland.
“The Washington, D.C. Northern Virginia area is a uniquely important geography for government, data centers and Internet connectivity,” says Dan Caruso, Chief Executive Officer of Zayo Group. “The combination of AboveNet’s and FiberGate’s networks will create an extensive fiber footprint in this strategic bandwidth corridor.”
“I am proud of the business we have built including great customer relationships and an extensive fiber network,” adds Bill Boyle, CEO of FiberGate. “Government has long been our sweet spot, but in recent years we have broadened our reach to carriers and enterprises.”
Dark Fiber is FiberGate’s only product and the network covers one geographic region: Baltimore, suburban Maryland, Washington, D.C. and Northern Virginia.
