Critical Path Buys ShoZu
- Tuesday, January 5th, 2010
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ShoZu has been bought by Critical Path, which provides messaging software and services, for an undisclosed sum. The company says the acquisition of ShoZus mobile social media services significantly advances its delivery of consumer-focused mobile and social networking solutions across the entire range of mobile platforms.
“The acquisition of ShoZu propels us forward in enriching our mobile and social networking solutions for our customers around the world,” says Critical Path CEO Mark Palomba. “Now, we can offer an unparalleled experience for people to connect and stay current on the most popular social networks using virtually any device, as well as extend their use of personal media and messaging activities.”
Critical Path provides white-labeled messaging and consumer applications platforms to service providers, focused primarily on mass-market devices. ShoZu adds award-winning mobile applications for sharing media and personal experiences across the most popular social networks, with native support for the leading Smartphone platforms. The companies say that the combined set of capabilities provides consumers with a complete social networking and personal communications capability, ranging from the simplest mobile device to the most advanced.
ShoZu Chairman and CEO Chris J. Wade says the company is delighted to have found the perfect home for the ShoZu brand and service in Critical Path.
“We couldnt be more pleased with the seamless fit of our combined technology and approach to serving the market, and the opportunity for our outstanding engineering team to continue to make important technical contributions to Critical Path going forward,” says Wade. “We strongly believe in the roadmap for our future together serving Critical Paths traditional customers, as well as new users attracted by the power of our combined applications. The acquisition of ShoZu by Critical Path really is a beneficial matchup for both companies, resulting in a powerful capability for elegantly sharing, communicating and collaborating on information thats at the core of personal and business relationships.”