Americans also pleased with Geo’s Dublin infrastructure as it offers a route into Irish market for the first time
London-based fibre broadband provider Geo Networks has been acquired by Zayo Group, the US bandwidth infrastructure firm.
Geo operates a 1,800-mile route of dark fibre broadband infrastructure in the UK and provides managed services to a host of bandwidth-heavy sectors including media companies, financial services, and data centres.
It also operates a 100-mile route in London which is installed in the capital’s sewer network. It claims this location means Zayo has acquired a network which has minimal threats of physical faults and is more reliable and secure.
Geo also has infrastructure in place in Dublin, allowing Zayo to enter the Irish market for the first time. “Geo’s extensive fibre and conduit assets complement our existing London footprint and bring an increased breadth to our UK network,” Zayo Group chief executive Dan Caruso said. “Additionally, diverse connectivity to Dublin is critical as it continues to develop as an international data centre hub.”
The price for the all cash purchase was not revealed by either company.