Comcast Business to buy Masergy for cloud, SDN resources
Comcast Business says it will beef up its cloud and software-defined networking (SDN) capabilities through the acquisition of Masergy. Financial terms of the deal were not disclosed nor was Comcast’s expectations on when the transaction will close.
Maserty, based in Plano, TX, offers a range of secure cloud-based services to enterprises. They include managed SD-WAN, unified communications as a service (UCaaS), call center as a service (CCaaS), and managed security (see, for an early example, "Masergy adds second SD-WAN option with SD-WAN Go"). The company says it has a customer base of more than 1400 enterprise clients spread across almost 100 countries. Berkshire Partners acquired the company in 2016 from ABRY Partners (see "Berkshire Partners to buy Masergy Communications").
“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 of 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.”
“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,” added Chris MacFarland, chairman and CEO of Masergy.
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About the Author
Stephen Hardy
Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
You can connect with Stephen on LinkedIn as well as Twitter.