Toronto’s Beanfield Technologies acquired by US investor

BOCA RATON, FL and TORONTO — Global digital infrastructure investor Digital Colony announced Tuesday afternoon it is acquiring independent fibre-optic network provider Beanfield Technologies Inc. for an undisclosed sum.Toronto-based Beanfield’s portfolio includes 366 route kilometres of pervasive and dense metro fibre infrastructure in Toronto and Montreal and more than 76,000 strand kilometres of fibre infrastructure, representing an average of 208 strands per route kilometre. The company also has 541 on-net locations, including 367 commercial locations, 161 multi-dwelling units and 13 data centres, according to a news release issued by Digital Colony. Cartt.ca profiled Beanfield here.“Beanfield’s network connects to virtually all...