Southern DataComm Acquires eN-Concert
LARGO, FL, November 19, 2007. Southern DataComm (SDC), Inc. today announced the completion of its acquisition of eN-Concert, a suite of solutions from Ingenico, Inc., a leading global provider of secure transaction and payment solutions. The acquisition represents a strategic move by SDC into the tier-one, multi-lane retail market and signals a long-term commitment towards the expansion of their end-to-end suite of products and services to a broader customer base. The eN-Concert team will continue to manage, deliver and support its current suite of products and customers, as well as, leverage SDC's payment delivery and managed payment services. This move continues to redefine SDC as a strategic single source provider for the processing of all electronic payments.
"This is a milestone in the continuation of the evolving technology in the payment industry," said Gary Eng, President of Southern DataComm, Inc. "Bringing eN-Concert together with SDC creates an exclusive end-to-end solution from the latest in-lane payment devices with high speed, managed payment solutions; delivering merchant payments securely to the major processors / acquiring banks in the business."
The acquisition brings together some of the industry's strongest software brands and ubiquitous technologies to provide fast, secure and reliable end-to-end payment solutions which allows value added resellers and merchants to select one vendor for complete electronic payment automation.
The move also brings Ingenico in as one of many SDC strategic partners for ongoing terminal and hardware initiatives. The electronic payment market is growing, fueled by the global shift to electronic payments. The dollar volume of card purchases at Visa, MasterCard and American Express have more than quadrupled from less than $1.4 trillion in 1995 to nearly $6 trillion in 2005.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
