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HTC invest $35 million in Magnet Systems, looking for a slice of the enterprise market

HTC invest $35 million into enterprise platform firm, Magnet Systems

| Business, Financial & Legal News | Posted: Aug 21, 2012 6:23 am

It looks like HTC are wanting some of that sweet enterprise market with their latest investment in US-based enterprise platform firm, Magnet Systems. The device maker has invested $35.4 million in the company, hoping to enhance service offerings to mobile enterprise customers, reports Reuters. HTC said in a statement on Monday:


TweakTown image news/2/5/25396_05_htc_invest_35_million_in_magnet_systems_looking_for_a_slice_of_the_enterprise_market.jpg


The investment will bring social, mobile, and cloud capabilities to HTC's portfolio of service offerings to its mobile enterprise customers.


Magnet Systems is based in Silicon Valley, and are a platform builder of next-generation enterprise applications that boost the development and delivery of mobile enterprise applications, says HTC.


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