{"id":400032,"date":"2020-12-15T09:04:39","date_gmt":"2020-12-15T14:04:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400032"},"modified":"2020-12-15T09:04:39","modified_gmt":"2020-12-15T14:04:39","slug":"databank-closes-acquisition-of-zcolos-u-s-and-u-k-data-center-assets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/databank-closes-acquisition-of-zcolos-u-s-and-u-k-data-center-assets\/","title":{"rendered":"DataBank Closes Acquisition of zColo’s U.S. and U.K. Data Center Assets"},"content":{"rendered":"
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Solidifies DataBank as a Leading Edge Data Center Provider with over 1 Million Sq. Ft. of Colocation Space and 20 Major Network Interconnect Hubs<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n DALLAS<\/span>, Dec. 15, 2020<\/span> \/PRNewswire\/ —\u00a0<\/a>DataBank<\/a><\/u>, a leading provider of enterprise-class colocation, connectivity, and managed services, announced it has closed its acquisition of zColo data center assets from Zayo Group Holdings. With this transaction, DataBank now offers its secure colocation<\/a><\/u>, connectivity<\/a><\/u>, cloud<\/a><\/u> and managed services in 60 data centers spread across 28 key markets in the U.S. and U.K.\u00a0 A second closing for the five data centers in France<\/span> is expected in Q1 2021.\u00a0<\/p>\n

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This announcement comes on the heels of DataBank’s strategic investment in EdgePresence<\/a><\/u>, which accelerates\u00a0DataBank’s edge data center strategy by adding modular facilities to augment its traditional data center portfolio. These unique modular data centers provide the space, power and bandwidth to further reduce latency and improve performance for key applications.<\/p>\n

Combined, these two transactions put DataBank at the forefront of the edge infrastructure wave, enabling enterprises, hyperscalers, cloud, content and software customers\u00a0to move their mission-critical workloads and platforms closer to end-user populations in second-, third-, and fourth-tier markets.<\/p>\n

“DataBank has now assembled a unique portfolio of data center infrastructure and network interconnect options to address customer workloads anywhere from Tier 1 markets to the far edge,” comments Raul K. Martynek<\/span><\/a><\/u>, DataBank’s CEO. “With an open interconnect architecture and virtually unlimited geographic options, we are poised to help our customers in the U.S. migrate their workloads and adapt to the next evolution of the internet: the hyper-localization of data and compute being unleashed by 5G networks.”<\/p>\n

With the closing announced today, DataBank now offers its customers access to: <\/p>\n