Wednesday, August 22, 2012

HTC Magnet Systems Investment Is a BYOD Boost

HTC's $35.5 million investment in Magnet Systems comes amid accusations of a spending spree, but the investment could help the company cash in on the BYOD trend. - HTC, the struggling Taiwan-based smartphone
maker, has invested $35.4 million into Magnet Systems, a Silicon Valley company
that builds platforms for next-generation enterprise applications, Reuters
reported Aug. 20. Specifically, the investment gives HTC a toehold in the
emerging market for bri...


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