Tuesday, 14 April 2009 04:46
In an earlier blog post, I fumed that maybe Cisco is considering acquiring a bank since they're so cheap these days. Well, not really because they already own one. Cisco Capital is going gangbusters at financing technology refreshes and systems upgrades.
One thing though, it's not that enterprises who finance are purchasing more technology than they need. It's just that if Cisco's financing it, the router upgrades are naturally part of the deal, but then so are the new unified computing servers (sorry HP), the IP telephony system (sorry Avaya) and the telepresence system (sorry Polycom) that would have been purchased from another brand, but now are part of a bigger Cisco-branded project.
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