Story image

AppSense nets $70m Goldman Sachs investment

28 Feb 11

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.”

Commerce Commission report shows fibre is hot on the heels of copper
The report shows that as of 30 September 2018 there were 668,850 households and businesses connected to fibre, an increase of 45% from 2017.
Wearables market flourishing - fuelled by smartwatches
A market that has stuttered in the past now has a bright forecast as adoption of wearable technology continues to thrive.
The tech that helped the first woman to sail around Australia
Lisa Blair used devices from supplied by Pivotel to aid her in becoming the first woman to circumnavigate Australia non-stop.
Why there will be a battle for the cloud in 2019
Cloud providers such as AWS, Azure, and Google will likely find themselves in a mad scramble to gain additional enterprise customers.
Mercury Energy sells smart meter business for $270m
“Metrix’s large installed meter base, deep customer relationships and innovation platform, make this a natural acquisition."
IDC: Manufacturing, retail/wholesale biggest cloud spenders
"Industry cloud growth rates will continue to accelerate over the next three years, which is very unusual for multi-billion-dollar markets,”
Dell EMC embeds security in latest servers
Dell EMC's 14th generation of PowerEdge servers has comprehensive management tools to provide security across hardware and firmware.
Hands-on review: The Logitech R500 laser presentation remote
With a clever ergonomic design, you’ll never have to glance at the device, unless you deliberately look to use the built-in laser pointer to emphasise your presentation.