Comcast Completes Masergy Acquisition

Tom Wright

Deal was announced in August

Comcast Completes Masergy Acquisition

Comcast has completed its acquisition of SD-WAN provider Masergy to accelerate its business with mid-sized and large US organisations.

Bill Stemper, President of Comcast Business, said: “We’re very pleased to have closed on our acquisition of Masergy and are excited to officially have their outstanding employees and leadership as part of the Comcast Business family,”

“This deal fortifies our channel distribution strategy and redoubles our commitment to the channel partner community.

“The combination of our teams and complimentary service portfolios will enhance the value we bring to large and mid-size companies worldwide.”

Masergy brings with it more than 1,400 customers in almost 100 countries.

Comcast Business said the deal will bring together its advanced networking with Masergy’s services credentials.

The acquisition was first revealed in August. The terms of the deal were not disclosed.

Chris MacFarland, CEO of Masergy, said: “On behalf of everyone at Masergy, we are thrilled to officially join the Comcast Business family and are extremely excited as we chart the future of Masergy together.

“Our customers and partners can expect the same industry-leading customer experience and will benefit from accelerated innovation as part of Comcast Business.”

Earlier this year Masergy announced its UCaaS offering through a partnership with Cisco Webex.

Meanwhile, Comcast acquired Dublin-based UCaaS provider Blueface at the start of last year.

 


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