The Western Union Company (NYSE:WU) announced the promotion of Hikmet Ersek to chief operating officer effective January 1, 2010. In his new role, Ersek will continue to report to Christina A. Gold, president and chief executive officer, and will have responsibility for all of Western Union’s business units around the world, as well [...]
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GE Capital, Commercial Distribution Finance today announced the launch of extended distribution financing programs available for resellers who source their Fujitsu America branded products through D&H, Tech Data or Synnex. The finance program offers resellers free 60-day payment terms for select Fujitsu products sold through those distributors.
“Fujitsu America recognizes recent economic conditions create the [...]
IDC is pleased to announce that it has awarded GE Capital the Green Recycling and Asset Disposal for the Enterprise (G.R.A.D.E.) certification. GE Capital exceeded the minimum quantitative and qualitative criteria required for G.R.A.D.E. certification, valid for the year 2009.
As a leading source of IT financing and leasing, GE Capital has been involved in [...]
Polatis Inc., a supplier of high performance optical switch technologies, has announced that its Trinity™ family of optical video routing switches have been used by global broadcast leader CBS to bring live feeds from The White House.
The CBS Washington DC Bureau has utilised the Trinity optical switch to connect camera sources within The White House [...]
Trinity(tm) Optical Switch Facilitates Bi-Directional Control and HD Video
Cambridge, UK, Andover, MA., – 5th September, 2008 – Polatis Inc., a supplier of high performance optical switch technologies, will demonstrate ‘base station to HD camera connectivity’ – critical for outside broadcast applications – on it’s booth (8.B20) at IBC 2008, September 12th-16th.
The demonstration will see the [...]
Deal adds more than $13 billion of assets,
business lines GE understands and knows how to grow
GE Capital today announced the completion of its acquisition of most of CitiCapital, Citigroup’s North American commercial leasing and commercial equipment finance business, adding $13.2 billion in assets.
GE Capital’s acquisition includes CitiCapital’s Healthcare Finance, Private Label Equipment [...]
All Optical Video Routing Switch Enables Seamless Routing of Any Video, Audio or Data Stream
Billerica, MA., Cambridge, UK – May 08, 2008 – Polatis Inc., a supplier of high performance optical switch technologies, today announced its move into the Professional A/V market with its Trinity all optical routing switch. Photonic switching has long been the [...]
Deal Adds More Than $13.4 Billion in Assets
GE Capital has agreed to purchase most of CitiCapital, Citigroup’s North American commercial lending and leasing business, in an all cash transaction. Financial terms were not disclosed and the acquisition is expected to close, pending normal regulatory approvals, by the 3rd quarter of this year.
Through the [...]
Deal, Expected to Close in First Quarter, Will Add More Than $15 Billion in Assets and Commitments to GE Capital
GE Capital has agreed to purchase most of Chicago-based Merrill Lynch Capital, Merrill Lynch and Co., Inc.’s (NYSE: MER) wholly-owned middle-market commercial finance business. Financial terms were not disclosed.
The acquisition, expected to close in [...]
