Comcast Business has signed an agreement to acquire Masergy, a Plano, Texas-based pioneer in software-defined networking (SDN) and cloud platforms for global enterprises. Masergy currently serves more than 1,400 companies in nearly 100 countries. The acquisition is subject to regulatory approval and other customary conditions. Financial terms of the deal were not disclosed.
Bill Stemper, President of Comcast Business, commented: ‘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.’