Comcast Business has completed its acquisition of Masergy, a Plano, Texas-based company specializing in software-defined networking (SDN) and cloud platforms with more than 1,400 customers in nearly 100 countries worldwide.
“This deal fortifies our channel distribution strategy and redoubles our commitment to the channel partner community,” said Bill Stemper, president of Comcast Business. “The combination of our teams and complementary service portfolios will enhance the value we bring to large and mid-size companies worldwide.”
“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,” said CEO Chris MacFarland. “Our customers and partners can expect the same industry-leading customer experience and will benefit from accelerated innovation as part of Comcast Business.”
Financial terms of the acquisition were not disclosed.
The acquisition is intended to accelerate Comcast Business’s growth among large and mid-size companies, particularly U.S.-based organizations with multi-site global operations while bolstering the company’s position with the channel. The combination is also expected to enable Comcast Business customers to manage their international operations and networks more efficiently.