HTC eyes the enterprise market with $35.4 million investment into Magnet Systems

While the commercial sector is a pretty lucrative one, the enterprise sector can be too and it seems that HTC might be interested in getting their foot in the door. According to reports, HTC has made a $35.4 million investment into Magnet Systems, which for those who are unfamiliar, is a US-based developer of a platform for building enterprise apps. This investment is expected to give HTC a 17.1% stake in the company. Of course it is a bit early to tell what HTC might have planned for the enterprise sector – could it be just software or hardware or maybe even both? With HTC’s investment in OnLive taking a dive due to the company undergoing a restructure, some are saying that this move of HTC’s reeks somewhat of desperation. In any case it will be interesting to see what HTC can take away from this, so stay tuned for more updates in the future.