ePlus Inc.(Nasdaq: PLUS) is a consultative technology solutions provider that provides solutions and advisory and managed services across the technology spectrum, including security, cloud, networking, collaboration, artificial intelligence, and emerging solutions to more than 5,000 customers.[3]
| 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 | $2.23 billion (As of 2024[update])[1] |
Number of employees | 1900 [2] |
ePlus was founded in 1990, and was formerly known as MLC Holdings, Inc. The company changed its name to ePlus, inc. in 1999, after its IPO in 1996.[4]
Partnerships
editePlus offers technology solutions through partnerships with various technology vendors in areas such as security, cloud, networking, artificial intelligence, and digital infrastructure including Cisco Systems, Hewlett Packard, Apple Inc., Dell and Microsoft.[5]
Facilities and staff
editePlus’ operations are directed from its headquarters in Herndon, Virginia. The company has over 1,900 employees[6] working in 30+ locations across the U.S., U.K., Europe, India and Singapore[7].
History and operations
editThe company has two segments: Technology and Financing.The financing division is engaged in providing equipment, software and relevant solutions[buzzword] to government and government-oriented entities.[8][9] In November 2013, the company's subsidiary, ePlus Technology Inc, acquired Advistor Inc.[10]
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.[11] The company provides customers with lifecycle management, and financing for IT products and services.[9]
In July 2022, ePlus acquired Future Com, Ltd., a Texas-based provider of cyber security solutions. [12]
References
edit- ^ https://stockanalysis.com/stocks/plus/revenue/
- ^ https://finance.yahoo.com/quote/PLUS/profile/?ltr=1
- ^ https://www.sec.gov/ix?doc=/Archives/edgar/data/1022408/000114036123026454/brhc20053157_10k.htm
- ^ https://stockanalysis.com/stocks/plus/company/
- ^ https://seekingalpha.com/filing/8694262
- ^ https://finance.yahoo.com/q/pr?s=PLUS+Profile
- ^ https://www.sec.gov/ix?doc=/Archives/edgar/data/1022408/000114036123026454/brhc20053157_10k.htm
- ^ "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.