CXtec

CXtec

Infobox Company
name = CXTec

type = ?
genre =
foundation = 1978
founder = William G. Pomeroy
location_city = Syracuse, New York
location_country =
location =
locations =
area_served =
key_people =
industry =
products = Computer networking and cables
services =
market c

revenue =
operating_income =
net_income =
assets =
equity =
owner =
num_employees = 360
parent =
divisions =
subsid =
homepage = [http://www.cxtec.com www.cxtec.com]
footnotes =
intl =

Founded in 1978, CXtec is a value-added reseller that offers new and pre-owned networking, voice and cabling technologies worldwide. CXtec now has its World Headquarters in North Syracuse, New York, a Technology Certification and Distribution Center, also in Syracuse, New York, and a satellite sales office in Buffalo, New York. It is a $100 million plus company with over 360 employeesFact|date=July 2008.

Awards

It has been named among the Best Companies to Work for in America by the Society for Human Resource Management and the Great Place to Work Institute. In 2007, it was ranked number 17 on that list. [ [http://www.greatplacetowork.com/best/list-sme-2007.htm Best Small & Medium Companies to Work for in America 2007] . Retrieved on 2007-07-03] In 2006, it received the Great Place to Work Award for Camaraderie. [ [http://www.greatplacetowork.com/education/innovate/awards-2006.php 2006 Great Place to Work Award Honorees] . Retrieved on 2007-06-18] In 2008, it was ranked 195 on VARBusiness magazine’s annual roster of “North America’s Top 500 Technology Integrators.” [ [http://www.crn.com/var/apps/2007/var500/search_handler.jhtml?rank=151-200 The 2007 VARBUSINESS 500, Rank 151-200] . Retrieved on 2007-06-18] CXtec is an ISO 9001 certified company. It has developed two brands exclusive to the company: equal2new certified pre-owned networking and voice hardware, and CABLExpress Cables.

Company history

William G. Pomeroy founded the company in 1978. He first ran the business out of his home, originally dealing in used IBM System 370 mainframe options – features, channels and memory. The company conducted business at a lower cost over the phone. Its scope was nationwide. Soon the company also handled mainframe equipment, chillers, air handlers, raised flooring and underfloor bus and tag cables. It then developed the CABLExpress Cables brand.

In 1980, the company adopted the name CABLExpress to identify its growing business in IBM mainframe cables. By 1985, it provided IBM underfloor cabling to the majority of the Fortune 500 companies. In 1987, the company decided to expand its mainframe cable business to include network cable products. In the mid-1990s, the company re-entered the used equipment business. It created the "equal2new" brand to distinguish its networking and voice equipment. In 2004, the company officially changed its name to CXtec as a hybrid of CABLExpress Technologies to help demonstrate its focus on networking, voice and storage hardware, as well as cabling products.

Present

Today, CXtec’s cable business has transitioned from copper bus and tag mainframe cables to fiber optic cables used in data and communications applications, along with cables for LAN and WAN networking applications. It also provides new and manufacturer-refurbished data and voice equipment. It offers customers an Asset Recovery program that provides cash, credit or trade for their used hardware.

Though CXtec has repeatedly been voted one of the best companies to work for over the years, they recently laid off nearly 70 employees in June and July 2008. This was largely due to Cisco Systems not renewing a special agreement that allowed CXtec to sell refurbished Cisco equipment as "equal2new" - its own brand of refurbished productFact|date=July 2008. The loss of this special agreement resulted in the decline CXtec's revenue by around 25%.

References

External links

* [http://www.cxtec.com CXtec Home Page]
* [http://www.cxtec.com/equal2new equal2new Home Page]


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