ePlus inc

ePlus inc. together with its subsidiaries provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It operates in two segments Technology and Financing. The Technology segment offers hardware perpetual and subscription software maintenance software assurance and internally provided and outsourced services; and professional and managed services including managed professional security solutions cloud consulting and hosting staff augmentation storage-as-a-service server and desktop support and project management services. The Financing segment engages in financing arrangements such as sales-type and operating leases; loans and consumption-based financing arrangements; and underwriting management and disposal of IT equipment and assets. Its financing operations comprise sales pricing credit contracts accounting and risk and asset management. This segment primarily finances IT communication-related and medical equipment; and industrial machinery and equipment office furniture and general office equipment transportation equipment and other general business equipment directly as well as through vendors. ePlus inc. serves commercial entities state and local governments government contractors healthcare and educational institutions. The company was formerly known as MLC Holdings Inc. and changed its name to ePlus inc. in 1999. ePlus inc. was founded in 1990 and is headquartered in Herndon Virginia.