Type Public Area served United States CEO Phillip G. Norton (1996–) | Industry application software Number of employees 890 Revenue 1.03 billion USD (2013) Founded 1990 | |
 | ||
Traded as NASDAQ: PLUS
S&P 600 Component Stock price PLUS (NASDAQ) US$ 131.75 +2.05 (+1.58%)9 Mar, 11:29 AM GMT-5 - Disclaimer Headquarters Herndon, Virginia, United States Subsidiaries ePlus Technology inc, ePlus Group inc Profiles | ||
Stock pick video 15 eplus inc nasdaq plus
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. In February, 2014, the company’s subsidiary, ePlus Technology Inc., was awarded by Cisco as Customer Satisfaction Excellence Golden Star because of its 12-month quality service. The company has joined the Cloudera Connect Partner Program, which is most influential community of industry’s IT vendors and sellers for Hadoop-based applications. It has a market capitalization of $461.34 Million with an enterprise value (As of February 2014) of $559 Million.
Contents
Operations
The company has two segments: Technology and Financing. The technology segment provides IT services to over nine global IT companies, including Cisco Systems, Hewlett Packard, Apple Inc., Dell and Microsoft The financing division is engaged in providing equipment, software and relevant solutions to government and government-oriented entities. In November, 2013, the company’s subsidiary, ePlus Technology Inc, acquired Advistor Inc.
In 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. The company provides customers with lifecycle management, and financing for IT products and services.
The company is one of the over 50 potential attendants of the 15th Global IT M&A Forum, which will open in San Francisco during March 5 and 6 of 2014