Comcast Business to Acquire Masergy, a Pioneer in Software-Defined Networking and Cloud Platforms
August 25 2021 - 10:00AM
Business Wire
Complements Comcast Business’s Array of
Technology Solutions and Services; Accelerates Growth Among Global
Enterprise Clients
Comcast Business today announced it has signed an agreement to
acquire Masergy – a Plano, Texas-based pioneer in software-defined
networking (SDN) and cloud platforms for global enterprises. The
acquisition accelerates Comcast Business’s increasing growth
serving large and mid-size companies, particularly U.S.-based
organizations with multi-site global operations.
With over twenty years’ experience and innovation in managed
network, cloud, and security services, Masergy has become a leading
provider to companies worldwide – serving more than 1,400 customers
in nearly 100 countries. The combination of Comcast Business’s
leading advanced fiber network and Masergy’s innovative services
will enable Comcast Business customers to manage their
international operations and networks more efficiently and
securely.
“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,” said Bill Stemper, President, Comcast Business. “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 enables secure application performance across the
network and the cloud with Managed SD-WAN, Unified Communications
as a Service (UCaaS), Call Center as a Service (CCaaS) and Managed
Security solutions. Masergy has been recognized for the past five
years as a “Visionary” in Gartner’s Magic Quadrant for Global
Network Services.
“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,” said Chris MacFarland,
Chairman and CEO, Masergy.
Comcast Business’s acquisition of Masergy is subject to
regulatory approval and other customary conditions. Financial terms
of the acquisition were not disclosed.
About Comcast Business
Comcast Business offers a suite of Connectivity, Communications,
Networking, Cybersecurity, Wireless, and Managed Solutions to help
organizations of different sizes prepare for what’s next. Powered
by the nation’s largest Gig-speed broadband network, and backed by
24/7 customer support, Comcast Business is the nation’s largest
cable provider to small and mid-size businesses and one of the
leading service providers to the Enterprise market. Comcast
Business has been consistently recognized by industry analysts and
associations as a leader and innovator, and one of the fastest
growing providers of Ethernet services.
For more information, call 866-429-3085. Follow on Twitter
@ComcastBusiness and on other social media networks at
http://business.comcast.com/social.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and
technology company that connects people to moments that matter. We
are principally focused on broadband, aggregation, and streaming
with 57 million customer relationships across the United States and
Europe. We deliver broadband, wireless, and video through our
Xfinity, Comcast Business, and Sky brands; create, distribute, and
stream leading entertainment, sports, and news through Universal
Filmed Entertainment Group, Universal Studio Group, Sky Studios,
the NBC and Telemundo broadcast networks, multiple cable networks,
Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky
Sports; and provide memorable experiences at Universal Parks and
Resorts in the United States and Asia. Visit
www.comcastcorporation.com for more information.
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version on businesswire.com: https://www.businesswire.com/news/home/20210825005096/en/
Media: Matt Helmke, Sr. Director, Corporate
Communications Comcast Business 215.286.8666
matt_helmke@comcast.com
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