Zayo expands in Western Canada with Optic Zoo acquisition

BOULDER, CO and VANCOUVER – Allstream parent Zayo Group Holdings has bought Vancouver-based Optic Zoo Networks Inc. for CAD $31 million.Optic Zoo owns and operates high-capacity fibre in Vancouver. Zayo said Friday that the acquisition strengthens its position in Vancouver and Western Canada, adding 103 route miles and more than 100 on-net buildings to its current Vancouver footprint, plus provides it with the ability to cross sell to U.S. and Canadian customers.“The addition of Optic Zoo, with its pure play assets and innovative team, will complement our Canadian footprint and accelerate our traction in a rapidly growing media and technology hub,”...