HP Offering 20% Promotion For Customers To Switch From Cisco

Posted Dec 20, 2010

Hewlett-Packard Company (NYSE:HPQ) is offering a 20% promotion discount to those who switch from similar services offered by Cisco Systems, Inc. (NASDAQ:CSCO). “Cisco has never seen this level of competition before,? stated HP SVP and General Manager for networking Marius Haas. ?We?re not going to let them gain an inch in servers, and we know that they?re going to be losing in networking,?

The promotion is called A Catalyst for Change. This is a play on Cisco’s Catalyst line of switches. Cisco CEO John Chambers is not worried about the marketing campaign launched by HP. ?If you think the competition is H-P?in switching, I think it?s actually the startups, the mid-sized companies and candidly the Chinese,? said Chambers. ?We?re going to be really tough on H-P in the data center.?