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Cisco launches USD 1 bln programme to help cities get smarter

Tuesday 14 November 2017 | 09:59 CET | News
Cisco has announced a new USD 1 billion programme to help cities get smarter. The new City Infrastructure Financing Acceleration Program, announced during the Smart City Expo World Congress, aims to make it easier, faster, and more affordable for cities around the world to fund and adopt smart systems and services. The funding will be provided through Cisco Capital together with private equity firm Digital Alpha Advisors and pension fund investors APG Asset Management (APG) and Whitehelm Capital. Different financial constructions will help cities upgrade networks and develop services.

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Categories: Mobile & Wireless
Companies: Cisco
Countries: World
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