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Global network service provider details IPO

David Davies 2 November 2010

Masergy Communications has filed a registration statement with the US Securities and Exchange Commission about a proposed IPO of shares of its common stock.

The number of shares to be offered and the price range for the offering have not been determined.

BofA Merrill Lynch and Deutsche Bank Securities Inc. will serve as joint book-running managers for the offering, with Stifel Nicolaus Weisel and Pacific Crest Securities LLC acting as co-managers.  A preliminary prospectus for the offering, when available, may be obtained from BofA Merrill Lynch in New York or Deutsche Bank Securities in Jersey City.

Tony Hurtado, v-p global marketing and PR, told IE: “We are in a quiet period, so we cannot comment or elaborate on the offering at this time other than to say that we are excited about achieving this stage of the company’s development and look forward to taking this next step in preparing for the future.”

Located in Plano, Texas, Masergy Communications, Inc. provides managed, secure virtualised network services to enterprises with complex technology needs across multiple locations throughout the world.

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