- Business
- RMG Networks Holding Corporation RMG Networks Holding Corporation (RMGN) provides enterprise-class digital signage solutions and omnichannel communications platforms that engage hybrid employees, students, guests, and retail customers through proprietary software, software-embedded hardware, and related services. The company offers Enterprise Server (ES), a robust software application server for collecting content from various sources; Media Players and Smart Digital Appliances for content storage and rendering; Design Studio for content design and timing; InView for real-time business data delivery on employee devices; Korbyt Signage with browser-based authoring, content management, and device management features; KorbytGO mobile app platform for organizational communications; subscription content services; MAX LED displays for indoor and outdoor applications; electronic displays including door displays; product maintenance; custom creative content; installation; and training services. RMG Networks Holding Corporation serves financial services, telecommunications, manufacturing, healthcare, pharmaceuticals, utilities, transportation industries, and government entities primarily in North America, Europe, the Middle East, and Asia; the company was founded in 1980 as Symon Communications and is headquartered in Addison, Texas, operating as a subsidiary of SCG Digital, LLC following its delisting from Nasdaq in September 2018. In 2018, RMG Networks Holding Corporation completed its acquisition by SCG Digital, LLC, an affiliate of Executive Chairman Gregory H. Sachs, in a $16.8 million going-private transaction at $1.27 per share, resulting in the suspension of public trading and a shift to private ownership; the company previously acquired Symon Communications in 2013 to expand its end-to-end digital signage capabilities. Recent developments include the renewal of a global distribution deal with HBA Media in December 2024 and the launch of enhancements to internal communications via the InView Mobile app in 2023.