Park Place Technologies,has bought its rival Curvature to double the size of its business.
“Park Place and Curvature were both pioneers in this industry,” said Chris Adams, Park Place president and CEO. “With the addition of Curvature, our infrastructure support and services offerings are stronger, smarter and further reaching than ever before. In an environment where infrastructures rarely rely on equipment from a single supplier, and where budgets and resources are tighter than ever before, we have created a new tier of TPM (third-party maintenance) that positions us as a more compelling option versus the OEM.”
“Park Place and Curvature have been leaders in building the third-party maintenance market for more than 30 years. They are a natural fit with very complementary market positions. Park Place’s experience and scale are well-suited to complete this acquisition successfully,” said Dan Stone, Interim CEO of Curvature. “This is a win for our team and for our customers, allowing us to continue our focus on exceptional customer service, while providing a wider range of new solutions to meet our customers’ needs today and in the future.”
“The TPM market has remained strong and continues to see demand given the need for remote services during what’s become a protracted pandemic environment,” comments Rob Brothers, program vice president for IDC's data center and support services. “With this merger, customers can expect expanded coverage in both geography and equipment, as well as access to more parts locations, call centers, and engineering talent.”
