Comcast Business acquires Masergy, a Texas-based pioneer in software-defined networking (SDN) and cloud solutions for global organizations, improving its offering to big and mid-size businesses, especially those with multi-site operations from the US.
Comcast Business, part of Comcast Corporation, provides a range of connectivity, communications, networking, cybersecurity, wireless, and managed solutions. In turn, it assists businesses of all sizes in preparing for the future.
We are excited to announce our acquisition of Masergy, a pioneer in software-defined networking, which will enable our customers to manage international operations more efficiently and securely. Read more: https://t.co/iDF8NG14X7 pic.twitter.com/B0A3sFY7sb
— Comcast Business (@comcastbusiness) August 26, 2021
Bill Stemper, who serves the role of a President at Comcast Business, had this to say:
Masergy provides a perfect complement to our portfolio of enterprise services and solutions and will allow us to instantly and dramatically amplify our growth in the global enterprise market. We’re excited to welcome Masergy’s employees and leadership to Comcast Business as we bring continued innovation and superior experience to our customers.
Masergy is a leading provider that has served over 1,400 organizations across 100 countries worldwide. It has more than two decades of experience and innovation in managed network, cloud, and security services.
With its Managed SD-WAN, Unified Communications as a Service (UCaaS), Call Center as a Service (CCaaS), and Managed Security solutions, Masergy enables secure application performance across the network and the cloud.
For the past five years, the company has been recognized as a “Visionary” in Gartner’s Magic Quadrant for Global Network Services.
With Comcast Business’ latest acquisition, the company will combine its leading advanced fiber network with Masergy’s innovative services. In turn, Comcast Business’ customers will be able to manage their international operations and networks more efficiently and securely.
Chris MacFarland, who serves the roles of Chairman and CEO at Masergy, had this to say:
On behalf of everyone at Masergy, we are thrilled to join the Comcast Business family and are extremely excited for the next chapter of Masergy. We are confident that together we can significantly enhance our service offerings to businesses of all sizes in their journey to the cloud.
The entities haven’t disclosed the financial terms of the agreement. The acquisition is currently subject to regulatory approval and other customary conditions.
