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Announced

Park Place Technologies acquired Entuity.

Financials

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United States

Software

Private

Acquisition

software development

Private Equity

Synopsis

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Park Place Technologies, which provides a post-warranty alternative to storage, server and networking hardware maintenance for IT data centers, acquired Entuity, a global network performance monitoring software company with offices in Boston and London. Financial terms were not disclosed. "It is exciting to see how this partnership will yield mutual benefits for both companies and their customers across the globe," said Stephen Woodard, President and CEO, Entuity. "Entuity's auto discovery and inventory capabilities, live topology, event management and probable cause analysis strengthens Park Place's existing innovations and industry-leading solutions such as ParkView™."

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