IBM migration pgm for HP, Oracle-Sun clients

NEW DELHI, INDIA: IBM announced a new financing programme, including buy-back of used equipment, lease terms and no payments until 2011, for Oracle-Sun and HP customers in India.

This new programme, which has been already launched in US last month, is provided by IBM Global Financing and helps current credit-qualified Oracle-Sun and HP clients to acquire mid-range and, high-end IBM Power Systems and storage offerings.

Also Read: IBM Storwize V7000 a new Storage System

It also includes IBM cash-back for new or used equipment, lease terms and no payments until early 2011 for credit-qualified clients.

IBM will provide clients with cash-back opportunities for specified old Oracle-Sun and HP equipment1, 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.

Moreover, credit-qualified clients can benefit from a interest-free payment deferral and avoid payments until April 20112 on their new power and storage infrastructure to accommodate a seamless move to IBM systems.

Sapan Jain, country executive, IBM Global Financing, India/South Asia, said: “Customers can then rest assured that they have the solid backing of IBM’s continuing investment in R&D for the Power & Storage portfolio, a well-defined roadmap and the upgrade flexibility they need to protect against technology obsolescence and keep their business growing.”

Credit qualified clients are able to easily "turn on" additional processing capacity built into the mid-range Power 770 and high-end 780 and 795 Power systems & IBM Storage systems -- without major disruption to their operations -- and experience little or no change to monthly lease payments through a base lease extension.