All articles by Claire Hack
Claire Hack
IBM Global Financing working to attract Sun business partners
IBM Global Financing has announced it is to offer up to $500million in financing to help creditworthy Sun business partners move towards reselling IBM Power systems. The move was reportedly made by the IT giant to attract Sun channel partners to join its PartnerWorld programme, after a deal was disclosed last year for Oracle to acquire Sun Microsystems. Other IBM moves include offering software channel partners up to double margins when they help convince customers to swap Oracle and Sun software for IBM products.
Nigel Jenkins leaves Microsoft Financing
Nigel Jenkins, former head of Microsoft Financing, has left the company, it has been revealed. Both Microsoft and Jenkins have offered little comment on the departure but confirmed the move had taken place. Jenkins added there was substance to the rumour that he is to take on the role of European sales director at Hewlett Packard Financial Services.
Van values up nearly 15 per cent for 2010
Average prices of wholesale used vans are up nearly 15 per cent, according to Manheim Remarketing. Following its latest monthly market analysis, the average price stands at £4,237 (4,800) an increase of 14.7 per cent since the start of 2010.
Centro Leasing gives up bank status
Now operating under the name Centro Leasing Spa, the decision was made on April 12 by the companys special assembly along with the incorporation of its subsidiary Centro Leasing Rete Spa.
Field Solutions announces management changes
Founding director Nick Pattenden has become managing director and former managing director Alun Booth is taking on new activities.
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Consortium “preparing bid for HSBC Rail”
A consortium formed of Morgan Stanley Infrastructure, 3i Infrastructure and Star Capital is rumoured to be preparing to make an offer on HSBCs train leasing business. HSBC announced plans to sell HSBC Rail earlier this year and the consortium is looking at putting in its bid by April 14, according to sources. Another consortium formed of investment giant JP Morgan and Australian financial services group Macquarie was reported to be interested in the purchase in February
Basement Talk
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