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Park Place Technologies Acquires Texas Service Provider Solid Systems CAD Services
Thursday 11 October 2018

11 October 2018 - US-based data centre hardware maintenance provider Park Place Technologies has completed an acquisition of Solid Systems CAD Services, a Houston-based support provider of third-party maintenance services, the company said.

This marks the ninth acquisition Park Place Technologies has made over the past 24 months.

By acquiring SSCS and its regional offices in the UK, Germany, the Netherlands, Malaysia, Singapore, Brazil, Finland and Japan, Park Place Technologies will further distinguish itself within the industry for its service and customer care capabilities.

The level of service SSCS has upheld reflects the expertise of its field engineers and steadfast commitment to its customers, which is one of the many parallels between SSCS and Park Place Technologies and will make for a seamless transition.

Through this acquisition, Park Place Technologies will expand its scale within the TPM industry, resulting in added benefits for its global customers, which include an elevated level of service and operational support, greater resource availability and increased efficiencies.

With over 30-years of experience, SSCS has remained at the cutting edge of third-party maintenance by continuing to evolve its service offerings to meet the needs of its Fortune 500 customers.

SSCS provides third-party maintenance and IT enterprise hardware support with a team whose average tenure at the company is 14 years.

As a result of the acquisition, SSCS' customers will benefit from Park Place Technologies' expanded enterprise storage service capabilities and the company's proactive maintenance service, ParkView, which expedites response and resolution time for hardware faults.

This is the third acquisition for Park Place Technologies in 2018, following that of Origina Technology Services and Axentel Technologies, which together significantly expanded Park Place Technologies' presence in Europe and Asia.

Park Place Technologies is a provider of data centre hardware maintenance.

Founded in 1991, Park Place Technologies provides a post-warranty alternative to storage, server and networking hardware maintenance for IT data centres.

With 24/7 access to a global contact center, support from the industry's most advanced engineers and a wide array of industry leading and award-winning services such as ParkView, Park Place Technologies empowers its customers to improve operational speed and maximise uptime.

With more than 13,000 customers, including all tier-one OEMs, Park Place Technologies' services are spread across 35,000 data centres in more than 115 countries.
Details
Date Published: 11/10/2018
Target: Solid Systems CAD Services
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Park Place Technologies
Comment:
Terms of the deal were not disclosed

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