IBM has announced a new financing programme, including buyback of used equipment, attractive lease terms and no payments until 2011, to help current credit-qualified Oracle-Sun and HP customers in India migrate to upgradeable systems of IBM's new Power family of workload optimized servers and storage offerings.
This new programme, provided by IBM Global Financing, helps clients easily and affordably acquire new mid-range and, high-end IBM Power Systems and storage offerings. It also includes IBM cash-back for new or used equipment, attractive lease terms and no payments until early 2011 for credit-qualified clients. The programme expands opportunity for thousands of Oracle-Sun and HP customers in India, following a successful launch in the US last month.
IBM will provide clients with cash-back opportunities for specified old Oracle-Sun and HP equipment, which can be applied to new Power Systems and storage lease payments. Used and old HP and Sun systems will be processed, dismantled or sold as parts and scrap on the secondary market. Additionally, credit-qualified clients can benefit from an interest-free payment deferral and avoid payments until April 2011 on their new Power and Storage infrastructure to accommodate a seamless move to IBM systems.
"Cash-back opportunities with competitive leasing rates and deferrals will make it easy for Indian businesses to migrate to the new IBM's workload optimized systems," said Sapan Jain, Country Executive, IBM Global Financing, India/South Asia. "Customers can then rest assured that they have the solid backing of IBM's continuing investment in R&D for the POWER and Storage portfolio, a well-defined roadmap and the upgrade flexibility they need to protect against technology obsolescence and keep their business growing."
