Business & Tech
Mayfield Heights Company Expands Through Acquisition
Park Place Technologies announced Wednesday that it had acquired a network operations center in Cleveland.
MAYFIELD HEIGHTS, OH — Park Place Technologies announced Wednesday it had acquired the network operations center business of Cleveland-based IntelliNet Corporation. This is Park Place's 13th acquisition since 2016.
Park Place said the acquisition of IntelliNet's network operations center would improve IT performance and drive a digital transformation for customers. The company added that this is the second network operations center it has acquired since 2019, the first being Entuity, a network analytics business.
"Adding network operations center capabilities to our portfolio, which includes Parkview and Entuity Network Analytics (ENA), furthers our mission to help customers discover, monitor, support and optimize their data centers," said Chris Adams, CEO, Park Place Technologies. "Now we offer our customers an aggregated service delivery platform with the ability to monitor and remediate hardware, networks, operating systems and applications."
Find out what's happening in Mayfield-Hillcrestfor free with the latest updates from Patch.
IntelliNet's network operations center is Park Place's 13th acquisition since 2016 and its first in 2020. Park Place acquired Entuity in August 2019 and MCSA Group Limited in April 2019. Before that, Park Place acquired Latin America-based CMG-Nicsa, Singapore-based Axentel Technologies and Houston-based Solid Systems CAD Services (SSCS).
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.