Masergy Communications

Masergy Communications
Industry Software
Headquarters Plano, Texas, United States of America
Key people
 James Parker (CEO), Robert Bodnar (CFO)[1]
Revenue US$300 million (2016)
Number of employees
 500 (2015)
Website https://www.masergy.com

Masergy Communications (/ˌməɪsərdʒi/, MAY-ser-JEE) is a software defined networking services company founded in 2000 and headquartered in Plano, Texas. The company provides Secure Hybrid Networking, Managed Security, and Cloud Communications.[2][3][4][5]

Masergy's customers include Huisman[6], Pattonair[7], PRGX, Inc.[8], Eurostar[9], Dolby Laboratories, and the Hallmark Channel.[10]

Masergy was acquired by Berkshire Partners in 2016 for an undisclosed amount, and had been previously acquired by ABRY Partners LLC, a private equity investment firm, for an undisclosed price.[11][12][13]

Corporate structure

Acquisitions and subsidiaries

Early on, Masergy was backed by venture investors. In 2003, Centennial Ventures and Meritage Funds jointly invested a total of $31 million in Masergy. And in 2005, WestAM led a group that invested $30 million in Masergy.[14]

Chris MacFarland joined Masergy as its chief operating officer in 2008, and was named its CEO in 2010.[15] In August 2011, Masergy was acquired by ABRY Partners LLC, a private equity investment firm, for an undisclosed price.[16]

Masergy acquired Broadcore Communications for an undisclosed purchase price in July 2012. Broadcore offered communications services, including video calling and call recording, for businesses.[17]

In April 2014, Masergy acquired Global DataGuard, broadening its portfolio to include managed security services for enterprise customers. Its Unified Enterprise Security solution includes advanced persistent threat management and adaptive network behavioral analysis.[18][19]

In September 2018, James Parker was named the new CEO.[20]

Services

Masergy delivers Secure Hybrid Networking, cybersecurity and cloud communications to global enterprises[21] for clients in industries such as manufacturing, healthcare, entertainment, finance, broadcasting, and more. The company provides voice, data, and video network services across the globe, specializing in Ethernet-based virtual private networks (VPNs) and wide area networks (WANs), Masergy's cloud services include network and application management, global cloud communications, and hosted remote access. The company's managed services focus on disaster recovery and security.[22]

In 2017, Masergy added a new option to its SD-WAN service called SD-WAN Go, which includes embedded firewalls, zero-touch provisioning from the Masergy portal, and WAN optimization.[23]

Awards

May 2013: Masergy’s CEO, Chris MacFarland, was named a finalist in Ernst & Young’s Enterpreneur of the Year Southwest Area North.[24]

June 2015: Masergy’s CEO, Chris MacFarland, was awarded Ernst & Young’s Entrepreneur of the Year 2015 for the technology/telecom sector in the U.S. southwest.[25]

2015: Masergy ranked #4180 on Inc. magazine’s Inc. 5000 list for 2015. The magazine cited Masergy’s 67 percent growth rate over three years. This also marked the fifth time Masergy was included on the Inc. 5000 list.[26]

2017: Masergy’s CEO, Chris MacFarland, was named as one of the top 10 highest rated CEOs on Glassdoor.[27]

References

  1. ↑ "Meet Our Management Team". Retrieved August 18, 2017.
  2. ↑ "Masergy Communications Is No. 4364 on the Inc. 5000". Inc.com.
  3. ↑ "Big Data analytics benefits from high-performance network". Cloud Strategy Magazine. 22 August 2016.
  4. ↑ Moore, John. "Cybersecurity concerns fuel MSSPs, managed security market". TechTarget.
  5. ↑ Shimel, Alan (1 May 2014). "Masergy adds MSSP to its lineup". Network World.
  6. ↑ Seals, Tara. "Dutch Construction Giant Taps Masergy for Hybrid WAN". Channel Vision. Retrieved 6 October 2017.
  7. ↑ Boulton, Clint. "SDN providers nibbling away at slow-moving MPLS carriers". CIO. Retrieved 6 October 2017.
  8. ↑ "Big Data analytics benefits from high-performance network". Cloud Strategy. Retrieved 6 October 2017.
  9. ↑ Santo, Brian. "Masergy Designs Hybrid WAN for European Train Service". SDX Central. Retrieved 6 October 2017.
  10. ↑ "Surviving a mid-stage crisis: Masergy disrupts the networking services industry when it grows up in a hurry". Smart Business Network, Inc. Retrieved 6 October 2017.
  11. ↑ Buckley, Sean (25 October 2016). "Masergy sold to Berkshire Partners | FierceTelecom". www.fiercetelecom.com. FierceTelecom. Retrieved 19 August 2017.
  12. ↑ "Berkshire Partners nears deal to acquire Masergy: sources". Reuters. 2016.
  13. ↑ Shinneman, Shawn (24 October 2016). "Boston firm to acquire Plano-based Masergy for reported $900 million". Dallas Business Journal.
  14. ↑ "Masergy Communications > Recent News & Activity". Crunchbase. Retrieved 14 November 2017.
  15. ↑ Bounds, Jeff; Nielsen, Karen; Perez, Christine; Vosburgh, Glenda. "Entrepreneurs of the Year 2014". D Magazine. Retrieved 14 November 2017.
  16. ↑ Berndtson, Chad. "Masergy Acquired By ABRY Partners". CRN. Retrieved 14 November 2017.
  17. ↑ Bounds, Jeff. "Masergy Communications buys Broadcore". Retrieved 31 August 2017.
  18. ↑ "Masergy Acquires Global DataGuard". Info Security Group.
  19. ↑ Kobialka, Dan. "Masergy Communications Acquires Global DataGuard". MSPmentor. Retrieved 31 August 2017.
  20. ↑ "Plano-Based Masergy Communications Names New CEO - D Magazine". D Magazine. 2018-09-13. Retrieved 2018-09-25.
  21. ↑ Shinneman, Shawn. "The story of Masergy – from 2000 founding to 2016 acquisition – in the words of CEO Chris MacFarland". Retrieved 13 December 2017.
  22. ↑ "Masergy Communications, Inc. Revenue and Financial Data". Dun & Bradstreet. Retrieved 16 October 2017.
  23. ↑ Wilson, Carol. "Masergy Expands SD-WAN Options". LightReading. Retrieved 31 October 2017.
  24. ↑ "Ernst & Young's Enterpreneur of the Year Southwest Area North". Ernst & Young.
  25. ↑ "EY announces Entrepreneur Of The Year® 2015 Award recipients in the Southwest". Ernst & Young.
  26. ↑ "Masergy Communications". Inc. Magazine.
  27. ↑ "Highest Rated CEOs - 2017 Employee's Choice". Glassdoor.
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