ePlus inc. (NASDAQ NGS: PLUS) on May 1 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.
Service providers are included in ePlus' telecom, media, and entertainment end-market category, notes the company. Per an ePlus statement, the acquisition will help drive additional growth for the company in the SP segment, bringing enhanced engineering, sales, and services delivery capabilities specific to the industry.
"ePlus has a long track record in the service provider space," said Mark Marron, CEO and president, ePlus inc. "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."
CCI'S NSG is a specialist in providing high performance, next generation converged carrier infrastructure for today's 5G-ready service providers. Marron added, "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."
NSG's decades of network design, engineering and implementation experience complemented by over 30 industry certifications, including the unit's Cisco Master Service Provider Technology Specialization.
"Our team is very excited to join ePlus," stated NSG's Mac Plymale, Jr., who takes on a new role as ePlus' 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."
NSG is known as an industry leader in implementation of routed optical and high-capacity access networks, providing for the latest in network management and automation utilizing the most capable and trusted OEMs in the market.
John Jamar, CEO and president of CCI, said, "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. 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.
The following video explains how ePlus and Cisco work together to co-deliver Partner Lifecycle Services Support (PLS-S), and why ePlus is the first Cisco partner in the Americas, and the second worldwide, to build out services through the PLS-S offering, branded as ePlus Lifecycle Services Support.
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