BNP Paribas Leasing Solutions has signed a partnership agreement with Brocade Capital Solutions to deliver Brocade Leasing’s virtual IT leasing services throughout Europe, according to a joint statement from the companies.
The leasing partnership will exist the UK; Netherlands; Germany; France; Italy; Austria; Belgium and Spain.
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The agreement also covers India through a referral Agreement with Srei BNP Paribas.
Under the terms of the agreement, BNP Paribas Leasing Solutions will partner with Brocade Leasing to enhance its leasing capabilities, allowing businesses the flexibility to adopt virtual networking infrastructure, such as cloud computing.
Joseph Pulicano, managing director of BNP Paribas Leasing Solutions’ international business line technology solutions said; "Our strategy, in chosen markets, is to work with the best performers and the signature of our partnership with Brocade is central to our ambitions in the Telecom space."
The statement said Brocade Leasing would allow organizations to refresh network IT infrastructure and add or subtract capacity without the need for significant capital expenditure allowing them to focus on scaling business instead of spending on network infrastructure.
Marcus Jewell, vice president EMEA at Brocade, said; "With financing from Brocade, customers can turn on vast amounts of networking capacity, but do so in a flexible manner, such as bundling hardware, software, support contracts and professional services into one low monthly payment. Our agreement with BNP Paribas Leasing Solutions furthers our commitment to customers in helping them drive business transformation, while managing budgets in a prudent manner."
