Comcast completed the acquisition of Masergy from Berkshire Partners.

Comcast, an American telecommunications conglomerate, completed the acquisition of Masergy, a provider of managed cloud and network services, from Berkshire Partners, a private equity firm. Financial terms were not disclosed. “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. We’re excited to welcome Masergy’s employees and leadership to Comcast Business as we bring continued innovation and superior experience to our customers," Bill Stemper, Comcast President.