Southern Business Communications Group Becomes Wholly-Owned Subsidiary of Xerox
Southern Business Communications Group Becomes Wholly-Owned Subsidiary of Xerox
NORCROSS, Ga., May 23 /PRNewswire/ -- Southern Business Communications Group today announced that it now operates as a wholly-owned subsidiary of Xerox Corporation (NYSE:XRX). This follows Xerox's $1.5 billion acquisition this month of Global Imaging Systems, Inc., Southern Business Communications Group's parent company.
Southern Business Communications Group (SBCG) retains its name and regionally-focused independent approach to design, integration, service, support and training of audio visual, videoconferencing and digital signage solutions. With over 25 years of success in its industry, SBCG is proud to be backed by this technology innovator. The acquisition creates a unique opportunity for both Xerox and SBCG to enhance customer relationships by being able to provide more solutions to each of its respective customer bases.
"By aligning with Xerox, SBCG will continue to strengthen our customer relationships in the AV industry with the breadth and quality of the Xerox name, as well as its exceptional history of brand, service, and stability," said Dan Boylan, president, SBCG. "We'll continue doing what we do best: Applying our entrepreneurial spirit to developing deep relationships with customers, and delivering excellent AV and video communication integration solutions that exceed expectations."
Xerox has the industry's largest portfolio of document systems and services and the broadest U.S. distribution network. With the localized expertise from Global Imaging's 21 core companies, Xerox increases its distribution to small and mid-size business customers by more than 50 percent at a time when its portfolio of products is at its strongest. Core companies like SBCG add a key differentiation to the total solution mix by providing presentation solutions to a variety of vertical markets.
Southern Business Communications became part of Global Imaging Systems in 1996. The company has been successfully providing audio visual equipment and systems to the education, commercial, military, and government markets for over 25 years. Having acquired and built upon the strengths of several best- of-breed audio visual integration companies, Southern Business Communications has expanded its scope and delivers total audio visual and video communication solutions including design, installation, integration, maintenance and training. As a result of these acquisitions and growth, the company has emerged as an industry leader in the vertical markets it serves in Georgia, Florida, the Carolinas, Tennessee, Alabama, Kentucky, West Virginia, the District of Columbia and Pennsylvania. Southern Business Communications is online at http://www.sbcg.com/.
Source: Southern Business Communications Group
CONTACT: Steve Cone of Southern Business Communications Group,
+1-770-449-4088, scone@sbcg.com; Mike Zimmerman of Xerox Corporation,
+1-585-423-4588, michael.zimmerman@xerox.com
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