Entuity is latest Park Place Technologies acquisition
The terms of the acquisition have not been disclosed, but Park Place Technologies hopes to make Entuity a key component of its multivendor service delivery model.
Park Place Technologies has acquired Entuity, its first purchase outside of the third-party maintenance category. The companies have signed an agreement, but terms of the Park Place Technologies acquisition have not been disclosed.
Park Place is a data center hardware maintenance company, while Entuity is a network performance monitoring software company. According to Park Place, the acquisition will be a key component of its multivendor service delivery model, and it will be able to offer customers hardware maintenance in addition to monitoring, automated maintenance, network operations center services, event management, and probable cause and IT data analytics.
Entuity gives customers analytics to provide visibility into issues before they impact services. According to Park Place, Entuity is a complement to its own company because both organizations are focused on the customer, are committed to employees and prioritize maximizing customer uptime.
According to President and CEO of Park Place Technologies Chris Adams, customers of both companies will only benefit from the acquisition.
"Park Place Technologies is just as driven by a customer-first approach as Entuity," he said. "Entuity customers will now benefit from this deep commitment to their success but with an even larger team able to help. Entuity customers can expect to receive the excellent support that Park Place Technologies' customers enjoy, plus the opportunity to back up their deployments with integral, industry-leading hardware maintenance for complete peace of mind."
Park Place also claims that features such as Entuity's auto discovery, inventory, live topology, event management and probable cause analysis will strengthen its own platforms such as ParkView. ParkView is a monitoring service that aims to identify component failures and probable cause.
This is Park Place's second acquisition this year, after acquiring the U.K.-based MCSA Group Ltd. in April.