UK virtualisation vendor gets £43m boost from Goldman Sachs

Goldman Sachs has invested $70 million (£43 million) in British “user virtualisation” software and services vendor AppSense.

The Cheshire-based company sells technology that allows customers to create and manage user profiles, based on the virtualised applications, desktops and servers they need to access.

In 2009, analyst company the 451 Group described AppSense’s offering as “personalisation and policy management [for] server-hosted virtual desktops, terminal services, virtualised applications, local and provisioned desktops.”

The company’s 4,000 customers include BT, JP Morgan Chase and United Airlines. In the financial year ending July 2010 revenues reached $43 million, up 60% from the previous year.

CEO Darron Antill remarked that the company had been approached by a number of investors before reaching a deal with Goldman Sachs. Cleary, investors think the businesses will be pursuing virtualisation aggressively in 2011, and that it will raise management issues AppSense is well placed to address.

Pete Swabey

Pete Swabey

Pete was Editor of Information Age and head of technology research for Vitesse Media (now Bonhill Group plc) from 2005 to 2013, before moving on to be Senior Editor and then Editorial Director at The...

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