Critical Path Buys ShoZu

Critical Path Inc., a provider of provider of messaging applications and enterprise solutions, has acquired ShoZu Inc., a UK-based provider of solutions for exchanging content between mobile phones and Web-based social media sites. No financial terms were disclosed. Critical Path was taken private in 2008 by General Atlantic Partners and Cheung Kong Group. ShoZu has raised over $25 million in VC funding, from firms like SEB Venture Capital, Atlas Venture, Crescendo Ventures and TTP Ventures.

5 January 2010•3 mins read
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