10. Zayo Buys Neutral Path Communications, Near North Partners For $31.5 Million
Bandwidth and co-location provider Zayo Group has been busy for the past three years scooping up connectivity and data center assets from fellow telecom service providers. In January, the Boulder, Colo.-based provider said it would buy all assets of Neutral Path Communications and its subsidiary, Near North Partners, for $31.5 million.
Neutral Path, a long-haul infrastructure provider, operated a fiber network in the Midwest. The deal gives Zayo an additional 452 owned, as well as leased route miles to its already robust North American network, allowing the provider to reach more U.S. markets with fiber-based lit and dark fiber services. The deal closed in April.