ePlus Acquires IDS

9/18/17

HERNDON, Va., Sept. 18, 2017 (GLOBE NEWSWIRE) -- ePlus inc. (NASDAQ:PLUS) today announced that its subsidiary, ePlus Technology, inc., acquired operating assets of Integrated Data Storage, LLC. Headquartered in Oak Brook, IL and with offices in downtown Chicago and Indianapolis, IDS is an advanced data center solutions provider focused on cloud enablement and managed services, including its proprietary IDS Cloud, which features enterprise-class technology infrastructure coupled with consulting services to support private, hybrid, and public cloud deployments. The acquisition expands ePlus’ footprint in the Midwest and enhances its sales and engineering capabilities in cloud services, disaster recovery and backup as a service, storage, data center, and professional services.

“Adding the talented IDS team to ePlus is a strong complement to our existing cloud, security, and digital infrastructure offerings,” stated Mark P. Marron, CEO of ePlus. “The acquisition further solidifies our presence in the Midwest and strengthens our ability to create customized roadmaps, and then design, implement, service, and support our customers’ migration to and from public, private, or hybrid cloud environments. We look forward to continuing to help organizations deploy the most effective cloud strategy, optimize resources, and gain greater operational predictability, security, and flexibility—to thrive in today’s digital economy.”

“IDS has a reputation of leveraging technology to create business value for our customers, which pairs perfectly with ePlus’ mission of making technology mean more,” said Matt Massick, CEO of IDS. “There are many synergies between the two companies, including a customer-focused approach, proven services methodology, technical focus, and culture of accountability. When combined, we will deliver exponential benefits to our customers through transformational technology solutions that guide their success and growth."

The acquisition of IDS closed on September 15, 2017. Terms were not disclosed.

About IDS

IDS is a data center technology integrator and cloud services provider backed by an award-winning IT consulting practice. IDS works with a select list of industry leading technology partners to deliver custom IT solutions. Primary areas of focus are storage, data protection, disaster recovery, data analytics, virtualization, mobility, networking, servers, security, managed services, and cloud. Since its founding in 2002, IDS has experienced incredible growth and is recognized for its forward thinking solutions that provide improved efficiency, flexibility, performance, and competitive advantage. Learn more at http://www.idsforward.com.

About ePlus inc.

ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and expertise in key technologies from data center to security, cloud, and collaboration, ePlus transforms IT from a cost center to a business enabler. Founded in 1990, ePlus has more than 1,200 associates serving a diverse set of customers in the U.S., Europe, and Asia-Pac. The Company is headquartered at 13595 Dulles Technology Drive, Herndon, VA, 20171. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on Facebook at www.facebook.com/ePlusinc and on Twitter at www.twitter.com/ePlus. ePlus. Where Technology Means More®.

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