HP to offer US$2bn in financing to foster cloud adoption

Wednesday, June 8, 2011

HP (NYSE: HPQ) will make US$2bn in financing available to help clients access cloud computing solutions, the company said in a statement.

This offering will be made through HP Financial Services, the company's leasing and asset management subsidiary.

For customers acquiring and deploying HP cloud solutions - and depending on local financing capabilities and practices - the financing will be made available in the form of leases, lease-back of existing IT infrastructure and flexible financing options, among other possibilities.

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