magnet systems

  • HTC, $40M Down From OnLive, Puts $35.4M Into Magnet Systems For Enterprise Apps

    HTC, $40M Down From OnLive, Puts $35.4M Into Magnet Systems For Enterprise Apps

    HTC, the troubled Taiwanese handset maker, today dealt its investors a one-two punch. The company will take a $40 million hit from its investment in the cloud-based gaming startup OnLive, but it will also be redoubling its efforts to find new sources of revenue, this time in enterprise services: it is making a $35.4 million investment in Magnet Systems, an enterprise applications startup backed… Read More