Comcast Business Expands Enterprise Capabilities With Acquisition of U.S. Managed Services Provider Nitel
Comcast Business has announced an agreement to acquire Nitel, a Chicago-based managed services provider, from Cinven private equity firm. Nitel specializes in network-as-a-service (NaaS), providing advanced managed services and connectivity solutions to 6,600 enterprise customers across the U.S., particularly in financial services, healthcare, and education sectors.
The acquisition aims to enhance Comcast Business' capabilities in connectivity, global secure networking, and advanced technology, strengthening its position in managed services and expanding its enterprise customer base. Nitel's expertise in integrated managed network and security solutions, along with specialized cloud-based services, will complement Comcast Business' advanced connectivity portfolio.
Comcast Business ha annunciato un accordo per acquisire Nitel, un fornitore di servizi gestiti con sede a Chicago, dalla società di private equity Cinven. Nitel è specializzata in network-as-a-service (NaaS), offrendo servizi gestiti avanzati e soluzioni di connettività a 6.600 clienti aziendali negli Stati Uniti, in particolare nei settori dei servizi finanziari, della sanità e dell'istruzione.
L'acquisizione mira a migliorare le capacità di Comcast Business nella connettività, nel networking globale sicuro e nella tecnologia avanzata, rafforzando la sua posizione nei servizi gestiti e ampliando la base di clienti aziendali. L'esperienza di Nitel in soluzioni integrate di rete e sicurezza gestite, insieme a servizi cloud specializzati, completerà il portafoglio di connettività avanzata di Comcast Business.
Comcast Business ha anunciado un acuerdo para adquirir Nitel, un proveedor de servicios gestionados con sede en Chicago, de la firma de capital privado Cinven. Nitel se especializa en network-as-a-service (NaaS), ofreciendo servicios gestionados avanzados y soluciones de conectividad a 6,600 clientes empresariales en los Estados Unidos, particularmente en los sectores de servicios financieros, salud y educación.
La adquisición tiene como objetivo mejorar las capacidades de Comcast Business en conectividad, redes seguras globales y tecnología avanzada, fortaleciendo su posición en servicios gestionados y expandiendo su base de clientes empresariales. La experiencia de Nitel en soluciones de red y seguridad gestionadas integradas, junto con servicios en la nube especializados, complementará el portafolio de conectividad avanzada de Comcast Business.
콤캐스트 비즈니스는 시카고에 본사를 둔 관리 서비스 제공업체인 나이텔을 사모펀드 회사인 신벤으로부터 인수하기로 합의했다고 발표했습니다. 나이텔은 네트워크 서비스(NaaS)를 전문으로 하며, 미국 전역의 6,600개 기업 고객에게 고급 관리 서비스 및 연결 솔루션을 제공합니다. 특히 금융 서비스, 의료 및 교육 부문에서 활동하고 있습니다.
이번 인수는 Comcast Business의 연결성, 글로벌 보안 네트워킹 및 고급 기술 분야의 역량을 강화하고 관리 서비스 분야의 입지를 다지며 기업 고객 기반을 확장하는 것을 목표로 합니다. 나이텔의 통합 관리 네트워크 및 보안 솔루션에 대한 전문성과 특화된 클라우드 기반 서비스가 Comcast Business의 고급 연결 포트폴리오를 보완할 것입니다.
Comcast Business a annoncé un accord pour acquérir Nitel, un fournisseur de services managés basé à Chicago, de la société de capital-investissement Cinven. Nitel se spécialise dans le network-as-a-service (NaaS) et propose des services managés avancés et des solutions de connectivité à 6 600 clients entreprises aux États-Unis, notamment dans les secteurs des services financiers, de la santé et de l'éducation.
Cette acquisition vise à améliorer les capacités de Comcast Business en matière de connectivité, de mise en réseau sécurisée à l'échelle mondiale et de technologies avancées, renforçant ainsi sa position dans les services managés et élargissant sa base de clients entreprises. L'expertise de Nitel dans les solutions intégrées de gestion de réseau et de sécurité, ainsi que ses services spécialisés basés sur le cloud, viendront compléter le portefeuille de connectivité avancée de Comcast Business.
Comcast Business hat eine Vereinbarung zur Übernahme von Nitel, einem in Chicago ansässigen Anbieter von Managed Services, von der Private-Equity-Gesellschaft Cinven bekannt gegeben. Nitel ist auf Network-as-a-Service (NaaS) spezialisiert und bietet fortschrittliche Managed Services und Konnektivitätslösungen für 6.600 Unternehmenskunden in den USA, insbesondere in den Bereichen Finanzdienstleistungen, Gesundheitswesen und Bildung.
Die Übernahme zielt darauf ab, die Fähigkeiten von Comcast Business in den Bereichen Konnektivität, globale sichere Netzwerke und fortschrittliche Technologie zu erweitern, die Position im Bereich Managed Services zu stärken und die Unternehmenskundenbasis zu vergrößern. Nitel's Fachwissen in integrierten Managed Network- und Sicherheitslösungen sowie spezialisierten cloudbasierten Services wird das fortschrittliche Konnektivitätsportfolio von Comcast Business ergänzen.
- Expansion into managed services market with 6,600 enterprise clients
- Enhanced capabilities in network, cloud, and cybersecurity solutions
- Strategic entry into key sectors: financial services, healthcare, and education
- Strengthened position in network-as-a-service (NaaS) market
- Undisclosed acquisition cost creating uncertainty for shareholders
- Pending regulatory approvals could delay completion
- Integration risks with existing operations
Insights
The acquisition of Nitel significantly strengthens Comcast Business' enterprise networking capabilities. Nitel's Network-as-a-Service (NaaS) platform and expertise in managed services will complement Comcast's existing infrastructure, particularly in cloud services and cybersecurity solutions. With Nitel's 6,600 client base and specialized focus on mid-size enterprises in critical sectors like healthcare and financial services, this acquisition fills a strategic gap in Comcast's portfolio. The integration will enable more comprehensive end-to-end network management solutions and enhance Comcast's competitive position against traditional telecom providers in the enterprise space.
This strategic acquisition positions Comcast Business for stronger growth in the lucrative enterprise services market. While financial terms weren't disclosed, the deal adds significant value through Nitel's established customer base and specialized service offerings. The acquisition aligns with industry trends toward consolidated managed services and should drive operational synergies. The focus on high-margin enterprise customers and recurring revenue streams from managed services will likely enhance Comcast Business' profitability. The transaction represents a smart vertical integration move that could accelerate Comcast's enterprise market share growth.
Acquisition Will Enhance Comcast Business’ Position in Managed Services, Unlocking New Opportunities for Enterprise Customers While Driving Long-Term Growth and Scale
Nitel is a network-as-a-service (NaaS) provider, specializing in delivering advanced managed services and connectivity solutions to enterprise customers across the
“Nitel is a dynamic player in managed network services, and its addition to our portfolio will strengthen our capabilities in advanced network, cloud, and cybersecurity solutions,” said Edward Zimmermann, President of Comcast Business. “With Nitel, we’re poised to deliver even greater value to our customers, empowering businesses with the tools they need to succeed now and in the future.”
Nitel has deep expertise providing integrated managed network and security solutions to its 6,600 clients across the country, with a strong focus on mid-size enterprise clients, including those in financial services, healthcare, and education. Adding Nitel’s comprehensive solutions and specialized cloud-based services to Comcast Business’ advanced connectivity portfolio will provide further growth opportunities. It will also enable customers to seamlessly manage their operations and networks securely and more efficiently.
“I am incredibly proud of our company’s continued growth and momentum, and we are excited to continue to accelerate as part of Comcast Business,” said Margi Shaw, CEO of Nitel. “Together, we can provide world-class and comprehensive connectivity technologies and services to enterprises of all sizes.”
Comcast Business’ acquisition of Nitel is subject to regulatory approvals and other customary closing conditions. As a result of the transaction, international private equity firm Cinven will sell its stake in Nitel. Financial terms of the acquisition were not disclosed.
“Comcast Business is the perfect home for Nitel and its customers with its innovative and reliable connectivity solutions. We are very proud of the success that Nitel has achieved during Cinven’s ownership period. Together, we believe the companies are poised for accelerated growth and success,” said Daniel Garin, Senior Principal at Cinven.
About Nitel
Nitel is a network as a service (NaaS) provider. We simplify the complex technology challenges of today's enterprise organizations to create seamless and integrated managed network and security solutions to help customers meet the demands of digital transformation. For more information on Nitel, please visit: https://www.nitelusa.com.
About Comcast Business
Comcast Business offers leading global businesses the technology solutions and forward-thinking partnership they need. With a full suite of solutions including fast, reliable connectivity, secure networking solutions and advanced cybersecurity and a range of managed service options, Comcast Business is ready to meet the needs of businesses of all sizes. Comcast Business has been recognized by leading analyst firms for its continued growth, innovation, and leadership, and is committed to partnering with customers to help them drive their businesses forward.
For more information, call 800-501-6000. Follow @ComcastBusiness on social media networks at http://business.comcast.com/social.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241211403892/en/
Press Contacts:
Comcast
John Demming (215) 286-8011
Matt Helmke (215) 286-8666
Nitel
Jason Borkowicz (773) 770-1371
Cinven
Erik Carlson / Woomi Yun / Madeline Jones
Cinven-jf@joelefrank.com
Source: Comcast Business
FAQ
What is the strategic importance of CMCSA's Nitel acquisition?
How many enterprise customers will CMCSA gain from the Nitel acquisition?
What services does Nitel bring to CMCSA's portfolio?
When will CMCSA complete the Nitel acquisition?
What is the financial value of CMCSA's Nitel acquisition?
