Tech firm Park Place acquires Performance Data

Park Place Technologies has completed a carve-out acquisition with Performance Data, a global IT service provider headquartered in Wilmington, Delaware with offices in Singapore and Malaysia.
While the terms of the transaction were not disclosed, Park Place acquired most of Performance Data’s assets, enabling Park Place to expand its existing data centre services and support throughout Asia and beyond. 
The company plans to begin immediately to integrate its operations, distribution, customer service, sales and support.
Since 2008, Performance Data has grown to service Fortune 100 and small and mid-sized IT clients across Asia and the Middle East. 
Supporting most major OEM hardware and OS platforms, Performance Data will integrate with Park Place’s existing operations and services, allowing the company to expand its global operations. 
As a result, Park Place customers will benefit from an experienced, premier team of engineers.
This marks the company’s fourth acquisition over the past 12 months and latest effort to solidify and grow its position as a global leader in legacy enterprise storage, IT and hardware maintenance.
Last November, Park Place opened a Asia location in Singapore. In May, it acquired Prestige Data Centre Solutions, a UK-based IT infrastructure solutions provider.