Park Place Technologies is set to acquire 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 and a key component of Park Place’s multi-vendor service delivery model.
Park Place Technologies President and CEO Chris Adams said, "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."
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).