Park Place Technologies strengthens its vision with groundbreaking deal for network analytics software provider Entuity

Software acquisition reinforces Park Place’s commitment to supporting the needs of its global customers by offering full network visibility and control of all assets via a single pane of glass

CLEVELAND, OH  – Park Place Technologies today announced that it has signed an agreement for the acquisition of Entuity, a global network performance monitoring software company with offices in Boston and London. This will be Park Place’s first acquisition outside of the third-party maintenance category.

Park Place Technologies is the global leader in third-party maintenance for data center hardware, and this software acquisition will be a key component of its multi-vendor service delivery model. Following the acquisition, Park Place will stand apart as the only multi-vendor, global hardware maintenance provider that offers customers monitoring, automated maintenance, Network Operations Center (NOC) services, event management, probable cause and IT Data Analytics across a single pane of glass.

For over 20 years, Entuity has focused on network performance monitoring to ensure uninterrupted service delivery. Entuity provides the analytics needed to keep networks performing and visibility into issues before they impact business services. Entuity is a perfect complement to Park Place Technologies as both organizations are customer-centric, have a deep-seated commitment to their employees and are laser-focused on maximizing customer uptime.

“This acquisition represents a milestone for Park Place Technologies as we welcome Entuity, a highly regarded network performance monitoring provider into the Park Place family,” said Chris Adams, President and CEO, Park Place Technologies. “When Entuity is integrated with our award winning ParkView™ monitoring product, we will deliver enhanced network visibility and NOC services, driving uptime for our global customer base.”

“It is exciting to see how this partnership will yield mutual benefits for both companies and their customers across the globe,” said Stephen Woodard, President and CEO, Entuity. “Entuity’s auto discovery and inventory capabilities, live topology, event management and probable cause analysis strengthens Park Place’s existing innovations and industry-leading solutions such as ParkView™.”

ParkView™ is a secure, hosted monitoring service that proactively identifies component failures and probable cause across a single pane of glass. ParkView™ delivers an automated service for customers with near-term plans to extend beyond the hardware layer into software to include both operating systems and virtual servers. Entuity network performance monitoring strengthens this vision.

This will be Park Place Technologies’ 12th acquisition since 2016 and second in 2019, following the acquisition of UK based MCSA Group Limited in April. Acquisitions in 2018 included Latin America-based CMG-Nicsa, Singapore-based Axentel Technologies and Houston-based Solid Systems CAD Services (SSCS). Together, these acquisitions extend Park Place Technologies’ presence worldwide and represent the company’s ongoing commitment to servicing the growing needs of its global customer base.

 

Park Place Technologies Media

Jennifer Deutsch | Chief Marketing Officer
Main 877-778-8707 | Direct 440-991-3105

Michael Miller | Global Content and Communications Manager
Main 877-778-8707 | Direct 440-683-9426

About
Park Place Technologies

Park Place Technologies, founded in 1991, simplifies the management of complex technology environments for more than 17,000 customers worldwide. We provide exceptional global service for data center storage, server and network hardware for all tier one OEM equipment. Our worldwide network of more than 400,000 parts stored regionally, locally and on-site allows for fast parts distribution and service to drive Uptime.

Park Place responded to customer input and created a new technology service category – Discover, Monitor, Support, Optimize (DMSO) – a fully integrated approach to managing critical infrastructure. Our industry-leading and award-winning services include ParkView™ Managed Services, Entuity software, and our Enterprise Operations Center.

With Park Place Technologies, customers are maximizing Uptime, improving operational speed, eliminating IT chaos, and boosting return on investment – ultimately accelerating their digital transformation.

Park Place supports 58,000+ data centers in 150+ countries.