Comcast Business has signed an agreement to acquire Masergy, a Plano, Texas-based company that offers Managed SD WAN, Unified Communications as a Service (UCaaS), Call Center as a Service (CCaaS) and Managed Security solutions.
“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 Comcast Business president Bill Stemper. “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,” said Masergy chairman and CEO Chris MacFarland. “We are confident that together we can significantly enhance our service offerings to businesses of all sizes in their journey to the cloud,”
Masergy claims more than 1,400 customers in nearly 100 countries.
The agreement remains subject to regulatory approval and other customary conditions. 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.