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Park Place Technologies Acquires Allen Myland

Pennsylvania-based storage maintenance firm

Park Place Technologies acquired third-party maintenance pioneer Allen Myland Inc. (AMI), a Pennsylvania-based storage maintenance firm. 

As a part of the deal, AMI’s owner, Larry Allen will join Park Place Technologies as CTO.

While the terms of the acquisition deal were not disclosed, Park Place Technologies acquired the majority of AMI’s assets, including all IP developed and owned by AMI, enabling to streamline existing customer service and operations contracts between the two companies and build on Park Place Technologies’ customer support.

AMI has served as a valued partner to Park Place for many years, and I am thrilled to welcome the entire Allen Myland team to our company,” said Ed Kenty, chairman and CEO, Park Place Technologies. “AMI’s proprietary tools, rich heritage and legacy knowledge of storage maintenance are unparalleled. AMI’s outstanding and pioneering team of expert engineers will further expand our technological capabilities and service offerings for customers worldwide.

He also noted that under Allen’s direction, AMI has led the way in developing service offerings.

We are very fortunate to have Larry join our team as CTO and we will look to him to drive new product and service offerings for the company,” Kenty added.

Chris Adams, president and COO said: “The gap between Park Place Technologies and its competition has widened as a result of the AMI acquisition. Park Place’s acquisition of Ardent in November 2016 was the company’s first ‘techquisition’, firmly positioning Park Place as the industry leader in post warranty storage maintenance.”

In the third-party maintenance field, AMI has been providing SAN support on emerging data processing technologies since 1973. Headquartered outside of Philadelphia, the company provides storage hardware support to Fortune 500 and local companies across the US, Canada and Europe. Their boutique storage offering will reinforce Park Place Technologies in storage maintenance. Customers will benefit from improved speed to market, response times and the added support and expertise of AMI’s workforce.

AMI is excited to join Park Place Technologies, a clear industry leader in post warranty storage maintenance,” said Allen, former owner of AMI. “Park Place Technologies’ significant presence in North America and across the globe will expand upon the service offering we’ve been providing our clients. As CTO, I look forward to working with Park Place Technologies’ exceptionally talented team to further enhance the customer experience and bring even more capabilities to our customers.”

Park Place Technologies is pursuing acquisitions in the US and worldwide to grow its position as a global leader in legacy enterprise storage, IT and hardware maintenance. The acquisition of AMI marks the fifth acquisition in the past 12 months. Most recently, Park Place Technologies acquired the Asia assets of Performance Data LLC, a global IT service provider headquartered in Wilmington, DE, with offices in Singapore and Malaysia. Previously, Park Place Technologies acquired Ardent in November 2016, marking the company’s first ‘techquisition’. By acquiring AMI and Ardent, two industry leaders in enterprise storage support, Park Place Technologies can further improve its technical depth and expertise and solidify its position at the forefront of the industry.

About AMI
Founded in 1973, It is one of the longest running providers of storage maintenance in the industry. The company was at the forefront of water-cooled mainframe technology in the early 70’s and 80’s. it transitioned into supporting EMC and Hitachi storage arrays during the 90’s.

About Park Place Technologies
Since 1991, it has provided an alternative to post-warranty storage, server and networking hardware maintenance for IT data centers. As a large pure play post-warranty data center maintenance organization, the company supports more than 9,000 organizations in over 100 countries, offering an customer experience, superior service delivery, and an operational advantage for businesses ranging from government, higher education and healthcare institutions to cloud service providers, SMB and Fortune 500 companies.

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