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Symon Acquires Distributor Dacon plc

Symon, the provider of digital signage solutions announced today the acquisition of UK based Dacon plc, a value added distributor of telecommunications solutions specialising in contact centre products.

The purchase of Dacon is a strategic move for Symon who will benefit from Dacon's reseller relationships, solid reputation, and presence in the United Kingdom. The new combined organisation with over 2,650 installations will be located in Hertfordshire, UK and is to be named Symon Dacon Ltd.

"Symon Ltd. and Dacon plc is now the leading provider in the rich media visual communications market in the UK. The wide range of our combined software and hardware solutions further expands our reach with innovative applications for businesses of all types throughout Europe, the Middle East and Africa," said Charles Ansley, president and CEO of Symon. "Dacon's distribution channels are aligned with Symon's international go to market strategy and we are quickly integrating the operations of the two companies. This acquisition will add the Symon product portfolio to the current Dacon offerings of products and services providing turnkey solutions."

Because of Dacon's leading strategic relationships with key resellers in the UK, Symon has an opportunity to quickly increase its market share and global reach. Dacon's philosophy is built on bringing relevant products to the market and selling them through trusted and reliable resellers. The products and services available through this network of resellers comprise a wide range of contact centre and telecommunications solutions.

Roy Strutt has been appointed the Managing Director of Symon Dacon Ltd. As the founder of Dacon, Roy has cultivated lasting business relationships with market leading vendors and resellers in the UK. Other new key positions will be announced in the immediate future.

"I am very pleased that Dacon is now a part of Symon with their global reach and success. Symon has a proven track record of investment and consistent growth. This will benefit our customers and partners with an additional product portfolio and support," said Roy Strutt, Managing Director of Symon Dacon Ltd. "Symon has outstanding products and services that will allow us to expand into other exciting growth markets like hospitality and retail digital signage."

Dacon has maintained a long term relationship with Centergistics Solutions who offer comparable contact centre products to Symon. Symon Dacon, Ltd. will continue to provide first class support now and in the future for Symon and Centergistic products and customers in the UK and Europe.

Terms of the agreement were not disclosed and are effective immediately.