Park Place Technologies announced the acquisition of specific assets of Congruity360. Norwell, Massachusetts-based Congruity360 provides global, vendor-agnostic, IT Management services.
Park Place will acquire Congruity360’s third-party maintenance business, data migration services businesses and new hardware sales offerings. Congruity360 will maintain ownership of its information governance and software business.
Chris Adams, Park Place President and CEO, said, “When we acquired Curvature late last year, it greatly strengthened Park Place’s hardware maintenance and professional services capabilities. The Curvature acquisition created a significant and meaningful competitor to OEM data center maintenance. Additionally, it greatly enhanced our professional services capabilities. Congruity360 mirrors that model with a nice slate of maintenance clients and a dynamic and growing data migration business that will add another layer to our professional services capabilities.”
Gartner reports that because data migration projects can involve multiple systems and are time-consuming, nearly 50 percent of all such projects will exceed budget or be detrimental to the business. Park Place’s Professional Services solutions will incorporate Congruity360’s data migration practice to efficiently and cost-effectively consult, manage and carry out the largest and most complex data migrations, regardless of OEM and VAR.
Brian Davidson, Congruity360 CEO, said, “The Congruity360 team understands data, understands workflow, and understands compliance and security. We are experts in moving petabytes of storage data for Fortune 500 companies. We help plan and strategize for moves involving Cloud, on-prem and hybrid storage platforms, meeting the biggest challenges that CIOs and CEOs face when migrating data today. We own the process from end to end; we can augment internal teams or provide knowledge transfer for new infrastructure in the environment with unmatched speed and efficiency.”
This is Park Place’s second acquisition in 2021 and 18th acquisition since 2016.