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RMG Networks
Digital signage company in Texas From Wikipedia, the free encyclopedia
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RMG Networks (Korbyt), formerly Symon Communications, is a digital signage company headquartered in Texas.
 | The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (April 2019) |
Korbyt is headquartered in Dallas with offices in the United States and United Kingdom.
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History
1980 – 2013 Early Symon Years
Reach Media Group was founded in 2006 as Danoo and received financial backing from Kleiner Perkins Caufield & Byers, DAG Ventures, National CineMedia and Tennenbaum Capital Partners. In July 2009, Danoo acquired IdeaCast.[2] In August 2009, the company renamed itself RMG Networks[3] and appointed Garry McGuire to take over as CEO from Aileen Lee.[4]
2013 – 2018 Transition to RMG Networks
In April 2013, the company acquired Symon Communications, a digital signage company founded in 1980, for $45.5 million and moved its headquarters from San Francisco to the Dallas metropolitan area where Symon Communications was located.[5] The company went public via a reverse merger with SCG Financial Acquisition Corp. in April 2013.[6][7]
2020 – Present RMG Networks Renamed to Korbyt
RMG Networks on September 22, 2020 announced launch of its new name,[8] Korbyt. The change reflected the evolution of the organization and its products as a cloud provider of digital signage and workplace experience software. The company is headquarters in Dallas, Texas, with additional offices worldwide.
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References
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