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Synchronoss to develop Goldman's mobile, cloud technology

Traders work on the floor of the New York Stock Exchange near the Goldman Sachs stall July 16, 2010. REUTERS/Brendan McDermid

(Reuters) - Goldman Sachs Group Inc has partnered with Synchronoss Technologies Inc to further develop its mobile and cloud-based technology.

Synchronoss said the new venture will combine the enterprise mobility intellectual property developed by Goldman with its enterprise cloud solution.

(Reporting By Sudarshan Varadhan in Bengaluru; Editing by Anil D'Silva)