Stories by Comptuerworld Staff

Goldman Sachs takes stake in AppSense

Goldman Sachs is to invest $US70 million in virtualisation provider AppSense.
According to an AppSense statement announcing the deal, "AppSense will use the funds to accelerate its growth and capitalise on its position as a market leader in what is expected to become a $2 billion market in the next few years. Pete Perrone, managing director at Goldman Sachs, will join the company's board of directors.

ComCom begins mobile termination pricing process

The Commerce Commission has begun the process for determining the wholesale price for terminating mobile calls and text messages, following the decision in August by the Communications and IT minister Steven Joyce to accept the Commission’s recommendation to amend the Telecommunications Act 2001 to allow the regulation of mobile termination access services.