logo
logo

Dc Blox Acquires Network Assets From Light Source Communications And Ascendant Capital Fiber

May 18, 2022•about 3 years ago

Acquiring Company

DC BLOX

Acquired Company

Network Assets

Government And MilitaryOtherInformation Technology

Description

DC BLOX, a leading provider of secure and reliable data centers across the Southeast, announces it has acquired the Southeastern fiber assets from Light Source Communications and Ascendant Capital Fiber, including a unique dark fiber network connecting South Carolina to Georgia that is currently in development.

Company Information

Company

DC BLOX

About

DC BLOX owns and operates interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power today’s digital business. DC BLOX’s private network fabric and robust connectivity ecosystem enable access to built-in carriers, Internet exchanges, public cloud providers, and DC BLOX data centers to businesses across the Southeast. DC BLOX’s data centers are located in Atlanta, GA; Birmingham, AL; Huntsville, AL; Chattanooga, TN; Greenville, SC with High Point/Greensboro, NC and a new cable landing station in Myrtle Beach, SC under construction. For more information, please visit www.dcblox.com, call +1.877.590.1684, and connect with DC BLOX on Twitter, LinkedIn, and Facebook.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed