We would like to keep you up to date with the latest news from Digitalisation World by sending you push notifications.
Digital Newsletter
Each week our editor Phil Alsop rounds up the most popular articles, videos and expert opinions. We compile this into a Digital Newsletter and send it straight to your inbox every week.
Digital Magazines
We'll let you know each time a new edition of Digitalisation World is released so that you're always kept up-to-date with the latest and greatest news and press releases.
Video Magazines
The Digitalisation World Video magazine contains the latest Zoom interviews with experts in the industry.
Founded in 2003, Neo currently operates Paris’ first fibre-optic Metropolitan Area Network (MAN), enabling companies across France to connect to Paris’ international business hub. Neo provides dark fibre, IP, Ethernet, wavelength and colocation services to high-bandwidth companies in continental Europe and serves more than 600 carrier and enterprise customers, primarily concentrated in the technology, media, telecom, and finance sectors.
“Neo has established a strong Bandwidth Infrastructure presence in France and we believe this acquisition will enable growth through our combined fibre footprint for end-to-end solutions,” said Dan Caruso, President and CEO of Zayo Group. “While we will bring a much expanded capability to the table, we also respect the importance of local relationships and expertise. The two principal founders of Neo, Didier Soucheyre and Florian du Boys, will stay with the combined companies and lead Zayo France, a new business unit focused on that market.”
“Neo has been focused on a very similar Bandwidth Infrastructure product set and is well-aligned with Zayo’s focus on data centre connectivity,” says Florian Du Boys, CEO of Neo and future leader of the Zayo France business unit. “The combined networks of Neo and Zayo will provide our customers with the same key services, and now access to Zayo’s extensive international network.”
The purchase price has not been disclosed but will be funded with cash on hand and is expected to close at the end of the second quarter of 2014.
