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HTC, $40M Down From OnLive, Puts $35.4M Into Magnet Systems For Enterprise Apps |
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About the organization HTC:
Type: Business
Sub-Types: Telecommunication, Telecommunication Hardware, Telecommunication Software, Computer, Computer Hardware, Computer Software, Application Software |
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Notable Organizations: HTC, Techcrunch
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| 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… |
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