Zayo to Acquire Viatel for ~€95M

Zayo Group Holdings, Inc. ("Zayo") today announced it has entered into a definitive agreement to acquire Viatel's infrastructure and non-Irish enterprise businesses. Viatel is a wholly owned subsidiary of the Digiweb Group, a full service telecommunications and managed services operator, based in Dublin, Ireland. The purchase price is approximately €95 million. The Viatel acquisition will provide Zayo with Pan-European intercity and metro fiber capability via an 8,400 kilometer fiber network across eight countries. The transaction will add 12 new metro networks, seven data centers and connectivity to 81 on-net buildings. Two wholly-owned subsea cable systems will provide connectivity on two of Europe's