Visit our other websites:    Consumer IT    On CE    Mobile Channels    ECI news    rAVe Europe    Digital Signage News    

 

eSP - IT Solution Providers in Europe

  • Full Screen
  • Wide Screen
  • Narrow Screen
  • Increase font size
  • Default font size
  • Decrease font size

Vendor News

Cisco Financing for Customers and Partners

E-mail Print PDF
Cisco Financing for Customers and Partners

Cisco commits to helping customers and partners mitigate the financial challenges brought about by current pandemic with the introduction of a Business Resilience Program offering $2.5 billion in financing.

The Business Resilience Program includes an up-front 90-day payment holiday, and allows customers to defer 95% of the cost of a new product or solution until 2021, protecting business and increasing cash flow. Customers start making monthly payments from January 2021, as based on the total financed amount and the remaining term of the financing. All Cisco solutions are eligible for the program, including hardware, software and services, as well as up to 5% of partner provided services such as installation.

Read more...

An Intel Fund to Combat Coronavirus

E-mail Print PDF
An Intel Fund to Combat Coronavirus

Intel pledges $50 million in an initiative to fight the coronavirus (aka Covid-19) through a fund designed to accelerate access to technology at the point of patient care, speeding scientific research and ensuring online learning access for students.

The funds involves an additional fund for requests where access to Intel expertise and resources can have immediate impact, and come in addition to a prior announcement of $10 million in donation to local communities. Around $40 million will fund Response and Readiness and Online Learning initiatives. The Response and readiness initiative provides funding for advances in diagnosis, treatment and vaccine development, while the Online Learning initiative supports education-focused nonprofit organisations and partners provide students without access to technology with devices and online learning resources.

Read more...

HPE Offers $2 Billion in Financial Aid

E-mail Print PDF
HPE Offers $2 Billion in Financial Aid

HP Enterprise (HPE) designates over $2 billion in financing to help customers and partners to face the challenges brought about by the coronavirus pandemic, including cash-flow or liquidity issues.

The financial services wing of the company also has a number of initiatives, including a Payment Relief Program to help customers acquire new technology and alleviate some financial strain. The $2n fund, HPE says, will help customers ensure business continuity and adapt to the current environment by addressing new technology financing needs, and convert infrastructure to new sources of capital. In addition, customers can acquire technology by paying just 1% of the total contract value each month for the first 8 months, deferring over 90% of the cost until 2021. From 2021, each monthly payment is approximately around 3.3% of total contract value.

Read more...

Xerox Gives Up on Buying HP

E-mail Print PDF
Xerox Gives Up on Buying HP

The "market turmoil" brought about by the current coronavirus (aka Covid-19) pandemic brings about an environment "not conductive" for Xerox to acquire HP, the printer maker claims as it withdraws its $35 billion offer for the larger rival.

"While it is disappointing to take this step, we are prioritizing the health, safety and well-being of our employees, customers, partners and other stakeholders, and our broader response to the pandemic, over and above all other considerations," the Xerox statement continues. The company adds the continued HP refusal of the offer was nothing less than a "great disservice" for stockholders, and thanks the banks willing to provide financing even as the pandemic wrecks havoc on the markets.

Read more...

NEC and Sharp Merge Display Businesses

E-mail Print PDF
NEC and Sharp Merge Display Businesses

NEC and Sharp announce a joint venture-- one combining the NEC Display Solutions (NDS) subsidiary with Sharp, creating a single entity bringing together the strengths of the two companies in order to visualisation address the needs of global customers.

The two companies are all but set to complement each other. After all, NDS is a strong presence in the display market, offering visual technology and digital signage solutions for a variety of markets. Meanwhile Sharp brings a decade-long history display solution, and offers advanced technologies such as next-gen 8K LCD monitors.

Read more...

Barix Opens Innovation Center in Portugal

E-mail Print PDF
Barix Opens Innovation Center in Portugal

Barix announces the opening of a new research and development center for next-generation, intelligent audio technologies in Aveiro, Portugal.

The Barix Innovation Center focuses on “what’s next” for the company including audio analytics, anomaly detection, predictive maintenance, and environmental sound monitoring.

“The new age of intelligent, widespread devices that understand and hear their surrounding is only beginning,” says Reto Brader, CEO, Barix. “We expect widespread adoption of AI and adaptive learning innovations in all of our markets, and we are proud to have secured highly qualified talent in Portugal for our next-generation research and development team.”

Read more...

Nvidia Buys SwiftStack

E-mail Print PDF
Nvidia Buys SwiftStack

Nvidia announces the acquisition of SwiftStack, the company behind the object-based storage and architectural technology currently found in Nvidia products. The financial details of the deal are not available.

Founded in 2011, SwiftStack is an early member of the OpenStack project. It is also one of the biggest contributors to the OpenStack Swift open storage platform, and last year announced SwiftStack 7 with a focus on AI, HPC and accelerated computing. This made the company very relevant to the interests of Nvidia, especially since it previously worked with companies such as Ebay, Google and Valohai, and has experience with hardware from the likes of Cisco, Dell, HPE and Supermicro.

Read more...

Page 2 of 79