“The substantial-stage acquire below for Comcast is the world wide enterprise game that Masergy is aware of how to perform really perfectly,” PlanetOne’s Ted Schuman reported.
Philadelphia-based mostly Comcast is buying Plano, Texas-primarily based Masergy from Berkshire Associates for an undisclosed amount. The deal strengthens Comcast’s business client base and deepens its SD-WAN and distant do the job portfolio. On the other hand, it enables Berkshire to cash out on a higher notice right after buying Masergy for reportedly around $900 million in 2016.
The channel local community has pretty much uniformly applauded the deal. That starts off with Masergy channel main Jim Glackin, who expressed his delight on LinkedIn.
Mike Onystok, TBI‘s senior vice president of functions, claimed Masergy and Comcast complement each other extremely very well.
“The assets, get to and manufacturer recognition Comcast has are unquestionably in the leading echelon of providers in the channel. The potential to merge this place with Masergy’s emphasis on giving subsequent-gen options these types of as stability, white glove support and deployment, and their catering to the world-wide or mid-organization shopper supplies a solid basis to fill gaps for both in current presenting and emphasis,” Onystok.
Onystok and lots of of his friends in the field agree that both of those businesses levy a deep channel footprint.
“These are the two residence names in the channel neighborhood and the two together stand to be one of the strongest gamers in this place in the very near phrase,” he reported.
Associate and channel specialist Peter Radizeski pointed out how the two corporations benefited.
Comcast Business will acquire 1,400 customers in virtually 100 nations around the world with the Masergy deal. Masergy has been owned by Berkshire Associates because 2016. 5 yrs is when PE firms look to funds out.
— Peter Radizeski (@radinfo) August 25, 2021
Analyst Zeus Kerravala agreed that non-public equity companies have typically sold by the end of five several years. And contemplating that Masergy flourished all through the pandemic with its remote perform methods, Berkshire was absolutely providing large.
“We are seeing more and extra firms glance to modernize their networks in preparing for extra cloud or extra do the job from residence,” Kerravala said.
Check out out our slideshow higher than to study reactions from partners and analysts about Comcast’s huge acquisition.