Compaq mines potential of dynamic Israeli market
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Compaq Financial Services (CFS) has opened its new Tel Aviv office to provide IT financing solutions to its customers in Israel.

“As one of the world’s most welcoming markets for growing technology companies, Israel is an especially attractive environment for CFS,” said CEO Irving Rothman during the opening ceremonies. “We’re excited about the opportunity to extend a variety of financing and asset management solutions to Israeli businesses as we support Compaq’s drive to help build the world’s Internet infrastructure.”

CFS will provide cradle-to-grave IT acquisition and management solutions:
• Identifying customers’ IT requirements
• Financing customers’ technology solutions
• Tracking and managing customers’ IT assets within and between offices
• Providing upgrades to guard against obsolescence
• Disposing of old equipment at the end of term.

This new office extends CFS’ global reach – Israel is now the 36th country in which it provides customers with IT-financing solutions.

Emmanuel Perez, general manager of Compaq Computer Israel, added, “Compaq is strongly committed to providing a full range of products that satisfy our customers’ needs, including flexible financing services.”

Compaq Financial Services serves customers in 36 countries from regional headquarters in Dublin and Sydney, and its worldwide headquarters in Murray Hill, New Jersey, which covers the Americas.

The company serves small and mid-sized businesses, government agencies, educational institutions and large, multinational corporations. Typical transactions range in size from $499 to $100 million.



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