Comcast said it has acquired business-focused managed WiFi provider Deep Blue Communications for an undisclosed sum.
Deep Blue specializes in engineering, installing and managing commercial WiFi networks. The Latham, New York company employees around 125 workers, according to the Albany Business Journal, and generated about $38 million in revenue last year, much of the revenue coming from Hilton Hotels & Resorts.
In 2017, Deep Blue reported revenue for around $25 million.
“Customers will benefit from our expertise in advanced business and network solutions with Deep Blue Communications’ know-how in providing commercial, managed WiFi at scale,” said Bill Stemper, president of Comcast Business, in a statement. “We look forward to delivering innovative solutions that will drive competitive advantage and growth in key vertical industries such as hospitality and entertainment.”
Added Brian Epstein, CEO, Deep Blue Communications: “At Deep Blue Communications, we are passionate about WiFi. This passion has fueled our 15-year growth into a leading provider of award-winning WiFi solutions that are reshaping the landscape of today’s hospitality and entertainment industries,”