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MobileIron Said to Work With Goldman Sachs on U.S. IPO

MobileIron Inc., whose software helps companies protect data that employees access on smartphones, is working with banks including Goldman Sachs Group Inc. as it prepares for an initial public offering, people with knowledge of the matter said.

Morgan Stanley, Deutsche Bank AG and Barclays Plc are also working on the IPO, said the people, asking not to be named because the information is private. MobileIron plans to raise about $150 million in the IPO, for a valuation of $1 billion to $2 billion, the people said.