Zayo has finalized its acquisition of FiberGate for $117 million. The company has added 779 fiber route miles to its network in Washington, D.C., northern Virginia, Baltimore and suburban Maryland. FiberGate exclusively offered dark fiber and Zayo plans to continue to offer dark fiber and expand the service portfolio to include bandwidth infrastructure services like wavelengths, Ethernet, IP and SONET.
FiberGate’s network connects to hundreds of government, data center and enterprise locations, Matt Erickson, president, Zayo fiber & transport infrastructure, told the Backhaul Bulletin. “The combination of Zayo’s existing 65,000-plus route mile network and FiberGate’s deep D.C. network is compelling; we expect great opportunity for growth in that area for both lit and dark fiber services,” he said.
“The FiberGate and Zayo networks are very complementary,” said Dan Caruso, chief executive officer of Zayo Group, in a company statement. “As a result of the acquisition, we will have one of the most comprehensive fiber networks in the DC area of any provider.”