News By Tag
News By Location
Exceed Technologies Merges With 3Point Technologies
A Merger between Exceed Technologies and 3Point Technologies will broaden the customer base and and expand service and product offerings for their customers.
The combined company will operate under the Exceed name.
Current Exceed President Jeremy Bandre will continue in his position, the headquarters will stay inColumbus and Exceed will continue to have offices inTupelo and Jackson.
Bandre and 3point President and CEO Terry Shelton announced the merger, which took effect Monday.
“This merger will ultimately provide our customer base with a wider range of IT-related products and services,” said Bandre, who founded Exceed in 2001. “Our customers will immediately see new names and faces, with faster and more efficient service.”
Shelton, whose company started in 1987, said the merger “will have two companies become one to better service our IT community and surrounding areas. We feel this is a move that will benefit all involved with a greater impact and stronger bond.”
David Bradley will remain chief tchnology officer and Shelton be executive vice president. Almost all of Exceed’s 32 employees and 3point’s 11 employees will stay with the company.
Bandre said the company expects more than $5 million in gross annual sales.
Exceed offers, among other things, hardware sales, cloud hosting and technical services. The merger also allows Exceed to sell directly to state entities via the Internet because 3point is on what is known as the Express Products List.
“Being in the public sector gives Exceed more room to grow,” said Bandre. “And our growth always adds new product lines and services to our arsenal. If it has anything to do with IT, we do it.”
This merger is part of a continued growth strategy by Exceed Technologies and builds on the 2013 expansion into the Jackson Mississippi Market. http://www.technologyjacksonms.com .
For more information, visit www.exceedtech.com.