Wednesday, April 29, 2009

IBM Global Finance Arranges up to $2 Billion to Support Stimulus

In a bid to support the rollout smart technology solutions tied to the American Recovery and Reinvestment Act (ARRA), IBM Global Financing is making up to $2 billion available to finance IT initiatives in key economic stimulus areas. The move will help US organizations move ahead with IT projects that could improve their infrastructure or competitive edge and point them in the direction of economic recovery. IBM noted that its consulting and technology business units are active in some of the key stimulus areas identified in the Act -- including the Smart Grid, Health Information Technology and Broadband Access.