WSTG - Wayside Technology Group Inc.

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WSTG Profile

Wayside Technology Group, Inc. (WSTG) is a publicly traded company that specializes in software and hardware distribution. Founded in 1982, the company is headquartered in Eatontown, New Jersey and serves customers in North America and Europe. Wayside Technology Group operates through two primary divisions: Lifeboat Distribution and TechXtend.

Lifeboat Distribution is a value-added distributor of software and hardware products for virtualization/cloud computing, security, application and network infrastructure, and other technologies. The division's customers include resellers, system integrators, and independent software vendors. Lifeboat Distribution also provides professional services, such as pre-sales engineering, technical support, and training.

TechXtend is a value-added distributor of software and hardware products for business continuity, virtualization/cloud computing, security, and other technologies. The division's customers include resellers, system integrators, and IT departments in corporate, government, and educational organizations. TechXtend also provides professional services, such as technical support and training.

Wayside Technology Group has a strong history of growth and profitability, with annual revenue of approximately $210 million as of 2021. The company's success is attributed to its focus on providing value-added services to customers and its ability to adapt to changing market conditions. Wayside Technology Group is publicly traded on the NASDAQ stock exchange under the ticker symbol "WSTG".

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