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Goldman Sachs invests £43m in British virtualisation firm

24 Feb 2011 12:00 AM | Anonymous

Goldman Sachs has invested in a British virtualisation firm in a bid to expand in the market. AppSense, a virtualisation software firm, has received £43 million from the company.

A Goldman Sachs executive will now have a direct role in the oversight of the company although AppSense said Goldman Sachs was taking a "minority stake" in the company.

Pete Perrone, managing director at the bank, will join the AppSense board of directors.

Perrone said: “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. 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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