ePlus Inc.
TypePublic
Nasdaq: PLUS
S&P 600 Component
IndustryTechnology solutions provider
Founded1990
HeadquartersHerndon, Virginia,
US
Area served
United States
Revenue$1.6 billion (As of 2021)[1]
Number of employees
1500

ePlus inc. (Nasdaq: PLUS) is an American IT assets selling and financing company headquartered in Herndon, Virginia. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus, inc. in 1999.[2]

History and operations

The company has two segments: Technology and Financing. The technology segment provides services to IT companies, including Cisco Systems, Hewlett Packard, Apple Inc., Dell and Microsoft.[2] The financing division is engaged in providing equipment, software and relevant solutions to government and government-oriented entities.[2][3] In November 2013, the company's subsidiary, ePlus Technology Inc, acquired Advistor Inc.[4]

On February 4, 2014, the company expanded its Managed Services operations with a new center, which is ePlus' third Managed Services Center in the United States in the Raleigh, North Carolina, area.[5] The company provides customers with lifecycle management, and financing for IT products and services.[3]

In July 2022, ePlus acquired Future Com, Ltd., a Texas-based provider of cyber security solutions. [6]

References

  1. ↑ "PLUS Key Statistics | ePlus inc. Stock - Yahoo Finance". finance.yahoo.com. Retrieved 2019-10-12.
  2. 1 2 3 "PLUS Profile |ePlus inc. Stock - Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-19.
  3. 1 2 "ePlus Annual Report for 2013. Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]". SEC.gov. 2013-06-06. Retrieved 2014-02-20.
  4. ↑ "ePlus Inc. Reuters.com". Reuters. com. Retrieved 2014-02-20.
  5. ↑ "ePlus Opens New Managed Services Center in Morrisville". governor.state.nc.us. 2014-02-05. Retrieved 2014-02-20.
  6. ↑ "ePlus acquires cyber security firm Future Com | Seeking Alpha". seekingalpha.com. 18 July 2022. Retrieved 2022-07-20.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.