Birmingham tech firm acquired in one of global giant’s biggest deals

Birmingham-based CSI has been snapped up by global data centre giant Park Place Technologies in one of the biggest deals in the company’s 34-year history.

The move brings together CSI’s expertise in hybrid cloud and legacy IBM systems with Park Place’s global reach and scale, boosting services for clients across finance, retail and manufacturing just as demand for hybrid IT solutions accelerates.

Founded in 1983, CSI delivers cloud, backup, disaster recovery and cybersecurity services to large enterprises, and now becomes part of the Park Place portfolio.

Chris Adams, president and CEO of Park Place Technologies said: “This is an exciting time for Park Place Technologies. CSI Ltd. brings exceptional talent, deep hybrid cloud expertise, and a stellar reputation for service excellence. By joining forces, we’re unlocking new possibilities for our customers around the world, delivering smarter, more agile IT solutions that power transformation.

“This acquisition not only expands our capabilities – it accelerates our vision of becoming the world’s most comprehensive, customer-focused IT lifecycle partner. We welcome CSI to the Park Place family and look forward to all we’ll accomplish together.”

Alan Watkins, Chairman of CSI said: “As our clients accelerate their digital transformation journeys and embrace hybrid cloud solutions, CSI’s role as a mission-critical partner has never been more vital. The opportunity to expand our reach and deliver even greater value—faster and at scale—is a significant and exciting step forward.”

“Through our discussions with Park Place, it quickly became clear that we share a common vision and an unwavering commitment to service excellence. Joining the Park Place Technologies family is a natural next step—and one that brings exciting benefits to our clients, employees, and partners alike.”