| Company type | Public |
|---|---|
|
Nasdaq:
PLUS S&P 600 Component | |
| Industry | Technology solutions[ buzzword] provider |
| Founded | 1990 |
| Headquarters |
Herndon, Virginia, US |
Area served | United States |
| Revenue | $1.6 billion (As of 2021 [update]) [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[ buzzword] 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
- ^ "PLUS Key Statistics | ePlus inc. Stock - Yahoo Finance". finance.yahoo.com. Retrieved 2019-10-12.
- ^ a b c "PLUS Profile |ePlus inc. Stock - Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-19.
- ^ a b "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.
- ^ "ePlus Inc. Reuters.com". Reuters. com. Retrieved 2014-02-20.
- ^ "ePlus Opens New Managed Services Center in Morrisville". governor.state.nc.us. 2014-02-05. Retrieved 2014-02-20.
- ^ "ePlus acquires cyber security firm Future Com | Seeking Alpha". seekingalpha.com. 18 July 2022. Retrieved 2022-07-20.