HomeUSAePlus Acquires Assets of Network Solutions Group

ePlus Acquires Assets of Network Solutions Group

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Herndon, Va.-based ePlus inc. (NASDAQ: PLUS) acquired certain assets of the Network Solutions Group (NSG), a business unit of CCI Systems, Inc. (CCI).

Terms of the transaction were not disclosed and are not expected to have a material impact on ePlus’ fiscal year 2024 results.

This acquisition will help drive additional growth with enhanced engineering, sales, and services delivery capabilities specific to the industry.

NSG is a Michigan-based provider of networking services and solutions focused in the broadband Service Provider end-market. 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.

CCI Systems is a solution provider specializing in telecommunications, comprehensive network assessments and consultation, engineering and design services, as well as outside plant upgrades, maintenance, fusion splicing, project management and 24 x 7 network support services.

Led by Mark Marron, CEO and president, ePlus offers a portfolio of solutions, as well as a broad range of consultative and managed services across the technology spectrum, spanning security, cloud, data center, networking, collaboration and emerging solutions, to organizations across all industry segments. ePlus is headquartered in Virginia, with locations in the United States, UK, Europe, and Asia–Pacific.

FinSMEs

01/05/2023

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