28 Feb 2011
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AppSense nets $70m Goldman Sachs investment

Virtualisation solutions provider AppSense is to receive a US$70 million investment from Goldman Sachs.

The funds will be used to accelerate growth in a market AppSense says will be worth US$2 billion market in the next few years.

The Goldman Sachs Group is a global investment banking, securities and investment management firm.

Darron Antill, CEO at AppSense, said, "We are delighted by the level of support AppSense has received from Goldman Sachs and appreciate the magnitude of what this investment will allow us to do. Namely, to continue our expansion and maintain our role as market leader in the user virtualisation space.

"Effective user virtualisation solutions are critical to any enterprise’s future desktop strategy and will only continue to increase with the growth of cloud and mobile device platforms.”

Pete Perrone, Managing Director at Goldman Sachs, will join the company's board of directors.

"With the increased mobility of the workforce and the need to be able to access information from any device, Goldman Sachs sees a clear demand for user virtualisation solutions that span multiple desktop delivery methods,” said Perrone.

"AppSense’s strong customer traction, history of innovative solutions in desktop computing, and the record growth it has experienced over the past two years further solidified our decision to invest in the company.”

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