Comcast Business 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 more than 20 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 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.
Comcast Business’s acquisition of Masergy is subject to regulatory approval and other customary conditions. Financial terms of the acquisition were not disclosed.