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Wednesday, August 22, 2012

HTC Trying to Eat at RIM’s BlackBerry Enterprise Base; Invests $35.4 Million in Magnet Systems (August,2012)

HTC looks to be lining themselves up with others who want to eat at Research In Motion’s BlackBerry Enterprise base. HTC has made a $35.4 million investment into Magnet Systems, which is a U.S. developer of a platform for building enterprise apps.The investment will give HTC a 17.1% stake in Magnet Systems. However, HTC hasn’t had the best track record for investments. Just today, HTC announced a $40 million loss on their OnLive restructuring. Do you think HTC or any other company has a viable foot in the door to enterprise?via SA

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