Skip navigation

APC-MGE, a global leader in critical power and cooling services, today announced the formation of APC-MGE Financial Services to provide worldwide financing and leasing capabilities to its customers. This new programme gives APC-MGE customers additional flexibility and options to facilitate the purchase of its comprehensive solutions and services offering worldwide, including its energy-efficient power, cooling and IT management solutions for data centres.

“APC-MGE Financial Services responds to customer requests for additional assistance when making investments in our solutions and services,” explained Dave Johnson, APC-MGE chief sales officer. “We are excited to provide our partners globally with flexible, industry leading financing options, including leasing programmes. As our solution set and offering complexity expands, the need for financing assistance grows as well, particularly in vertical markets where needs are high but resources can be limited.”

APC-MGE selected IBM Global Financing (IGF), the lending and leasing division of IBM, to provide worldwide leasing capabilities to customers through APC-MGE Financial Services.

Scott & White, the largest multi-specialty hospital practice in Texas has already signed on to the programme. The hospital, which for the third straight year was named one of the Solucient 100 Top Hospitals in the country, has acquired APC-MGE technology through the programme to further its innovation and growth agendas.

“The IBM and APC-MGE alliance gave us the flexibility to bring additional capacity into the data centre while we remodeled and expanded our facility,” said Scott & White data centre manager William Roe. “The alliance helped address our needs, which were very specific.”

Previously, IBM selected APC-MGE as a technology provider for the IBM Scalable Modular Data Centre service product, a new solution that helps customers design an energy-efficient data centre that can grow with the needs of the business. This financing offering will help large and small companies alike quickly access the working capital needed to deploy a pre-engineered 500 or 1,000 square foot data centre in nearly any working environment, utilising IBM Site and Facilities Services’ capabilities and APC’s InfraStruXure® data centre architecture.

APC-MGE Financial Services is available for APC and MGE products and services globally. Customers interested in financing programmes should contact APC-MGE sales representatives at +44 (0) 118 903 7800. IGF financing programmes through APC-MGE are available globally immediately.

About APC

APC and MGE UPS Systems recently combined to form a $3 billion (2.4€ billion) Critical Power & Cooling Services business unit of Schneider Electric. Together, APC and MGE offer the industry’s most comprehensive product and solution range for critical IT and process applications in industrial, enterprise, small and medium business and home environments.

APC and MGE solutions include uninterruptible power supplies (UPS), precision cooling units, racks, and design and management software, including APC's InfraStruXure® architecture the industry’s only integrated power, cooling, and management solution. Backed by the industry’s broadest service organisation and an industry leading R&D investment, the combined company’s 12,000 employees help customers confront today’s unprecedented power, cooling and management challenges. Schneider Electric, with 112,000 employees and operations in 190 countries, had 2006 annual sales of $18 billion (€13.7 billion). For more information on APC and MGE, please visit www.apc-mge.com.

About IBM Global Financing

IBM Global Financing (IGF), the financing business segment of IBM and the world's premier single-source provider for multi-vendor IT financing solutions, serves commercial clients ranging from small businesses to more than 90% of the Global Fortune 100. With assets of $34 billion worldwide, IGF provides project financing, commercial financing and asset-recovery services to 125,000 clients in more than 50 countries. Additional information can be found at http://www-03.ibm.com/financing/us/

All trademarks are the property of their respective owners.

This press release was distributed by ResponseSource Press Release Wire on behalf of Spa Communications in the following categories: Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.