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Comcast Enterprise Closes Masergy Acquisition | Business enterprise & Finance

PHILADELPHIA–(Business WIRE)–Oct 8, 2021–

Comcast Small business currently introduced it has finished its acquisition of Masergy – a Plano, Texas-based mostly pioneer in program-outlined networking (SDN) and cloud platforms for world-wide enterprises. The acquisition accelerates Comcast Business’s growth serving massive and mid-measurement corporations, notably U.S.-centered businesses with multi-website world functions and bolsters its all round channel distribution strategy.

“We’re extremely happy to have closed on our acquisition of Masergy and are psyched to officially have their fantastic personnel and management as part of the Comcast Business enterprise family members,” said Invoice Stemper, President, Comcast Small business. “This offer fortifies our channel distribution system and redoubles our commitment to the channel husband or wife community. The mixture of our groups and complementary company portfolios will greatly enhance the value we carry to large and mid-size corporations throughout the world.”

With over twenty years’ practical experience and innovation in managed network, cloud, and protection expert services, Masergy has a lot more than 1,400 consumers in virtually 100 countries around the world. The blend of Comcast Business’s leading superior network and Masergy’s impressive solutions will allow Comcast Organization buyers to deal with their international functions and networks extra proficiently.

“On behalf of anyone at Masergy, we are thrilled to officially be part of the Comcast Company family members and are really excited as we chart the potential of Masergy jointly,” reported Chris MacFarland, Chairman and CEO, Masergy. “Our customers and companions can expect the very same marketplace-top customer encounter and will gain from accelerated innovation as element of Comcast Company.”

Economical phrases of the acquisition were being not disclosed.

Comcast Company presents a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Options to enable businesses of different sizes get ready for what’s future. Run by the nation’s largest Gig-speed broadband community, and backed by 24/7 consumer assistance, Comcast Enterprise is the nation’s biggest cable supplier to smaller and mid-dimension companies and a person of the major assistance providers to the Organization market. Comcast Small business has been regularly identified by market analysts and associations as a chief and innovator, and 1 of the swiftest escalating companies of Ethernet products and services.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a world media and know-how business that connects men and women to moments that matter. We are principally targeted on broadband, aggregation, and streaming with 57 million consumer interactions across the United States and Europe. We provide broadband, wireless, and video as a result of our Xfinity, Comcast Small business, and Sky brand names make, distribute, and stream primary amusement, athletics, and information by means of Common Filmed Leisure Team, Common Studio Team, Sky Studios, the NBC and Telemundo broadcast networks, numerous cable networks, Peacock, NBCUniversal News Team, NBC Sporting activities, Sky News, and Sky Sports and supply unforgettable encounters at Common Parks and Resorts in the United States and Asia. Stop by www.comcastcorporation.com for extra details.

Call: Media: Matt Helmke, Sr. Director, Company Communications

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Copyright Company Wire 2021.

PUB: 10/08/2021 10:30 AM/DISC: 10/08/2021 10:32 AM

Copyright Business enterprise Wire 2021.