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ePlus to Acquire US Technology Consultant OneCloud
Friday 19 May 2017

19 May 2017 - Virginia, US-based engineering-centric technology solutions provider ePlus Technology, Inc., a subsidiary of ePlus Inc. (NASDAQ NGS: PLUS) has agreed to acquire California, US-based technology consulting firm OneCloud Consulting, Inc. to strengthen hybrid IT capabilities, the company said.
Terms were not disclosed.
The company said the acquisition expands ePlus' ability to address its clients' needs in cloud-based solutions and infrastructure.
ePlus said the acquisition will provide it with the ability to expand OneCloud's services, including DevOps, OpenStack, and other emerging technologies, to our broad client base.
OneCloud's services combined with ePlus' advanced technology solutions, managed and professional services, financing and lifecycle management tools, offers a comprehensive portfolios in the technology consulting and services market.
The company offers professional services, technical education and software development to build clients' cloud and application strategy via professional services, technical education and software development. OneCloud has offices in California, India and Singapore.
ePlus transforms IT from a cost centre to a business enabler. The company has more than 1,200 associates serving a diverse set of clients in the US, Europe and Asia-Pacific.
Date Published: 19/05/2017
Target: OneCloud Consulting
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Status: Agreed
Buyer: ePlus Technology
Terms of the deal were not disclosed