Yesterday there was a very interesting M&A. Comcast Business has announced an agreement to acquire the managed services and cloud services operator Masergy. The move will enable Comcast Business to take on a wider swath of potential customers by expanding its influence with larger enterprises.
Based in Plano, Texas, Masergy specializes in SDN and cloud platforms for the global enterprise marketplace offering managed SD-WAN, UCaaS, CCaaS, managed security, and similar services. They currently serve some 1,400 customers in 100 countries around the world, instantly elevating Comcast Business from a primarily US-focused company to an international power.
Comcast Business has taken a very patient approach to the fiber infrastructure market, starting off with simple Ethernet and voice services to SMBs early on and organically building out what is now a national footprint of 150K route miles of fiber. That infrastructure will complement Masergy's business quite well, at least in the US, lowering costs and decreasing reliance on third party connectivity.
I'm curious though just what Comcast Business has planned beyond the US. Might they also be in the market for some fiber in Europe, for instance, to complement Masergy's enterprise business there? Or will they keep their focus on the US, and maybe find some other managed services targets to add yet more larger enterprise depth?
Terms of the deal were not disclosed, nor did they give any indication of a closing date.
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