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Park Place in first acquisition outside maintenance

Park Place Technologies has bought Entuity, a global network performance monitoring software company with offices in Boston and London. Entuity is Park Place’s first acquisition outside of third-party maintenance, expanding its ability to offer full network visibility.

Software and hardware are becoming tightly integrated as data centre technology advances to fully consider edge and cloud computing, it says. Park Place’s acquisition of Entuity, whose software provides analytics and visibility into network performance that aims to pre-empt issues and ensure uninterrupted service delivery, signals the power of that paradigm shift. With Entuity, Park Place’s multi-vendor services will support data centre environments across multiple touchpoints in a single pane of glass: monitoring, automated maintenance, Network Operations Centre (NOC) services, event management, probable cause and IT data analytics, it says.

Following the acquisition, Park Place says it will be the only multi-vendor, global hardware maintenance provider that offers customers monitoring, automated maintenance, Network Operations Centre (NOC) services, event management, probable cause and IT Data Analytics across a single pane of glass. 

“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.”

Entuity has focused on network performance monitoring for around twenty years, and 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).