IT infrastructure monitoring and management provider Park Place Technologies in Mayfield Heights has expanded its portfolio with the acquisition of NetSure +, an inventory and logistics management software tool developed by Charlotte, North Carolina. Site grid.
Terms of the small acquisition were not disclosed. SiteGrid CEO Brett Ganey and two company networking experts will join Park Place Technologies, the Mayfield Heights company said in a statement. Press release, although Park Place does not acquire SiteGrid as a whole.
In the statement, Park Place Technologies said NetSure + “combines an inventory and savings management solution with Park Place’s network maintenance services. … By coupling customer authorized spares with logistics capabilities NetSure + and Park Place’s global footprint, customers will have access to service not available through traditional maintenance programs. ” He added that the NetSure + analysis and reporting functionality “gives customers visibility into inventory levels, sparing compliance, warranty processing and consumption information in one place.”
Chris Adams, president and CEO of Park Place Technologies, said in a statement that NetSure + “will help our customers optimize their maintenance expenses and ensure the economic viability of support and aftermarket systems.”
This is Park Place Technologies’ first acquisition in 2021, but its 17th since 2016.
Park Place Technologies is ranked 82nd on CRN’s list of 500 solution providers, which covers the information technology industry. CRN Noted that Park Place Technologies “has evolved over the past few years from a traditional data center maintenance company to a holistic provider of IT infrastructure monitoring and management, as well as a host of new flagship service offerings. such as its ParkView Managed Services and Park Place Professional Services. “
Park Place Technologies has approximately 2,300 employees worldwide, a spokesperson wrote in an email.