COMCAST CORP acquired Masergy, a transaction completed in October 2021, structured as Acquisition; terms undisclosed.
Masergy operates in Comcast Business, is based in Plano, Texas, USA. Comcast Business completed its acquisition of Masergy, a Plano, Texas-based pioneer in software-defined networking (SDN) and cloud platforms for global enterprises. With over twenty years of experience in managed network, cloud, and security services, Masergy served more than 1,400 customers in nearly 100 countries.
Accelerates Comcast Business's growth serving large and mid-size companies with multi-site global operations, adds SDN/cloud/security capabilities, and bolsters its channel distribution strategy.
Advisory firms were not disclosed for this transaction.