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Park Place makes bold bet on cloud complexity with CSI acquisition

In an era where legacy systems and modern cloud architectures must coexist, Park Place Technologies is leaning into the complexity rather than running from it. The U.S.-based data center and IT lifecycle firm has acquired UK-based CSI Ltd., a move that could quietly reshape how enterprises manage the messy middle of digital transformation.

While Park Place has made acquisitions before—most notably its 2020 purchase of Curvature—this deal feels different. CSI brings more than just technical skill; it brings decades of experience helping regulated industries bridge the old and new. That’s a rare commodity in today’s IT climate, where most service providers are racing to ditch the past instead of integrate it.

CSI began its operations in 1983 and specifically focuses on IBM Power Systems and building hybrid cloud environments. Underappreciated though these solutions may be, they remain ubiquitous across the global economies, touching every aspect, from banking and finance to industrial manufacturing. Since the company’s deep experience runs so deeply on both sides, it gives a big edge in its use: Park Place advantage in hybrid clouds.

Chris Adams, Park Place’s CEO, frames it less like a transaction and more like alignment. It’s about shared values, yes, but also shared understanding of what enterprise customers actually need—stability, flexibility, and guidance through their most vulnerable upgrades. Alan Watkins of CSI echoes that sentiment, calling the timing “ideal,” not just for clients but for staff tasked with supporting ever-evolving systems.

The deal reflects a broader trend in which organizations are actively reshaping IT services—not as isolated fixes, but as ongoing partnerships through transformative cycles. For Park Place, the true worth may be intangible: trust gained from treading the in-between spaces where innovation and legacy intersect. As companies go deeper into hybrid models, that may be their greatest asset.

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