Park Place Technologies has merged with Service Express to create a leading global provider of data center services, enhancing capabilities and market reach across multiple regions.

Target Company Overview

Park Place Technologies, based in Cleveland, Ohio, has successfully merged with Service Express, an established entity in the field of data center services. The new organization will retain the Park Place Technologies name and combines the strengths of both companies to create a global leader with over 3,000 employees and a diverse customer base exceeding 20,000 across North America, Europe, Asia, and South America.

The merger not only enhances the scale and capability of Park Place Technologies but also reinforces its commitment to providing exceptional data center solutions. The unified entity is poised to support various environments, including traditional, cloud, and AI-enhanced infrastructures.

Industry Overview

The market for data center services is experiencing rapid growth, driven by an increasing reliance on cloud computing and digital transformation initiatives across sectors. In the United States, the data center services industry benefits from signifi