PARK PLACE TECHNOLOGIES GAINS TRACTION IN BRAZIL WITH UNITECH'S TPM SERVICES ACQUISITION

KUALA LUMPUR, May 2 (Bernama) -- Park Place Technologies, a global provider of data centre and networking optimisation solutions, announced it has acquired Unitech's third-party maintenance (TPM) business.

Park Place Technologies in a statement said the acquisition strengthened its position as one of Brazil's largest TPM providers, expanding its reach in the world's fifth-largest country.

“We are committed to delivering a great experience to all our customers worldwide. We will continue to acquire companies like Unitech that bring a talented workforce and unique capabilities driven by an unparalleled customer experience to our international partners,” said Park Place Technologies President and Chief Executive Officer, Chris Adams.

Meanwhile, Unitech owner Ramon Hasky said: “Unitech and Park Place serve clients with the same core values. We both operate with a responsive, client-first approach, and communicate with clarity and transparency.

“Unitech’s long-term partnership with Park Place gives us confidence in how our clients will now be served. Our customers will benefit from these added Managed Services and Professional Services offerings,” added Hasky.

Unitech has a long-standing reputation for serving a diverse client base, including major financial institutions, telecommunication and utility companies, whereby Park Place's global expertise will greatly amplify Unitech's established presence in the Brazil market.

Park Place, now one of Brazil’s furthest-reaching TPMs, will add nearly 20,000 Unitech assets to its already robust service legacy in Brazil, while Unitech will continue to independently operate its Hardware, Software and related Professional Services sales.

-- BERNAMA