Gains Cisco Master Service Provider Technology
Specialization to help expand ePlus' market presence with broadband
Service Providers
HERNDON,
Va., May 1, 2023 /PRNewswire/ -- ePlus
inc. (NASDAQ NGS: PLUS – news) today announced that it
has acquired certain assets of the Network Solutions Group (NSG), a
business unit of CCI Systems, Inc. (CCI). NSG is a Michigan-based provider of networking services
and solutions focused in the broadband Service Provider end-market.
This acquisition will help drive additional growth with enhanced
engineering, sales, and services delivery capabilities specific to
the industry. Service Providers are included in ePlus' telecom,
media, and entertainment end-market category.
![ePlus logo (PRNewsfoto/ePlus inc.) ePlus logo (PRNewsfoto/ePlus inc.)](https://mma.prnewswire.com/media/1582360/ePlus_Logo.jpg)
"ePlus has a long track record in the Service Provider space.
This acquisition will further expand our national presence in this
important end-market, and help capture opportunities resulting from
the federal government's broadband funding initiatives," said
Mark Marron, CEO and president,
ePlus inc. "NSG has an excellent reputation in the market, a very
capable workforce, and a solid customer base that will benefit from
ePlus' broadened portfolio of offerings. We welcome our new NSG
employees to the ePlus family and look forward to serving our
hundreds of new customers."
"Our team is very excited to join ePlus," stated Mac Plymale, Jr., ePlus' new VP of Sales in its
Service Provider Group. "Our Cisco Master Service Provider
Technology Architect Specialization, one of only six nationwide,
combined with ePlus' focus on customer experience, security,
collaboration, and a broader portfolio of solutions, will create
powerful synergies to address critical gaps in the service provider
space and capture spend."
"We are pleased that NSG has joined ePlus. For decades,
broadband Service Providers have relied on CCI's Network Solutions
Group for technical solutions that optimize their carrier-grade
critical infrastructure. This is a great outcome for employees and
customers of the group, who will benefit from the expertise,
strategy, and customer relations applied to ePlus' wider array of
offerings," said John Jamar, CEO
& president of CCI. "We are proud of what NSG has built over
the past 20 years and look forward to a continuing alliance between
CCI and ePlus, mutually serving our customers with complementary
solutions."
The acquisition of certain assets and liabilities of CCI
Systems, Inc. closed on April 30,
2023. Terms of the transaction were not disclosed and are
not expected to have a material impact on ePlus' fiscal year 2024
results.
About CCI's Network Solutions Group
CCI'S Network Solutions Group (NSG) is a leader in providing
High Performance-Next Generation converged carrier infrastructure
for today's 5G ready Service Providers. NSG is leading the industry
in its implementation of Routed Optical and high-capacity access
networks with the latest in network management and automation
utilizing the most capable and trusted OEMs in the market.
NSG's decades of network design, engineering and implementation
experience complemented by over 30 industry certifications,
including Cisco's Master Service Provider Technology
Specialization, delivers high performance, secure, converged
platforms for tomorrows network demands.
About CCI Systems, Inc.
CCI Systems is a solution provider specializing in
telecommunications, comprehensive network assessments and
consultation, industry-leading engineering and design services, as
well as outside plant upgrades, maintenance, fusion splicing,
project management and 24 x 7 network support services. Serving all
types of broadband networks nationally.
CCI's Systems, Guide Star business unit provides managed
cybersecurity, IT services, managed wifi, network monitoring and
end user technical support. CCI Systems, Astrea business unit is a
regional ISP operating networks in the Great Lakes region
delivering reliable, fiber based broadband internet, video and
voice services to residential, commercial and other end users.
With more than 70 years of experience serving broadband,
communications and energy industries, CCI is employee-owned and
committed to partnering with clients to make life better for all
stakeholders.
About ePlus inc.
ePlus has an unwavering and relentless focus on leveraging
technology to create inspired and transformative business outcomes
for its customers. Offering a robust portfolio of solutions, as
well as a broad range of consultative and managed services across
the technology spectrum, ePlus has proudly achieved more than 30
years of success, carrying customers forward through adversity,
rapidly changing environments, and other obstacles. ePlus is a
trusted advisor, bringing expertise, credentials, talent and a
thorough understanding of innovative technologies, spanning
security, cloud, data center, networking, collaboration and
emerging solutions, to organizations across all industry segments.
With complete lifecycle management services and flexible payment
solutions, ePlus' more than 1,700 associates are focused on
cultivating positive customer experiences and are dedicated to
their craft, harnessing new knowledge while applying decades of
proven experience. ePlus is headquartered in Virginia, with locations in the United States, UK, Europe, and Asia–Pacific. For more
information, visit www.eplus.com, call 888-482-1122, or email
info@eplus.com. Connect with ePlus on LinkedIn, Twitter, Facebook,
and Instagram. ePlus, Where Technology Means More®.
ePlus®, Where Technology Means More®, and
ePlus products referenced herein are either registered trademarks
or trademarks of ePlus inc. in the United
States and/or other countries. The names of other companies,
products, and services mentioned herein may be the trademarks of
their respective owners.
Forward-Looking Statements
This press release contains information about management's view
of ePlus' future expectations, plans and prospects that are not
historical facts and may be deemed to be "forward-looking
statements." Actual and anticipated future results may vary
materially due to certain risks and uncertainties. Certain risks
and uncertainties that may affect such "forward-looking statements"
are detailed in our reports filed with the Securities and Exchange
Commission, especially under the heading "Risk Factors," and
include but are not limited to our ability to successfully perform
due diligence and integrate acquired businesses. All
information set forth in this press release is current as of the
date of this release and ePlus expressly disclaims any duty or
obligation to update this information, except as may be required by
law.
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SOURCE ePlus inc.