CanalPDA

Deal brings together two leaders in online communication, organization and sharing for consumers and businesses

DUBLIN, IRELAND – 5 January 2010 – Privately-held Critical Path, Inc., a leading provider of messaging software and services, today announced that it has purchased the business and assets of ShoZu Limited. The acquisition of ShoZu’s mobile social media services significantly advances Critical Path’s 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”, said 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.”

There are substantial strategic customer advantages for both Critical Path and ShoZu customers from this acquisition. Critical Path has long been a leading provider of 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 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 has achieved broad recognition as an industry leader in connecting mobile consumers with popular social networks through their personal media”, said ShoZu Chairman and CEO, Chris J. Wade. “We are delighted that these capabilities will have the opportunity to reach a broader audience through Critical Path, as well as those customers who currently use and value ShoZu”.

ShoZu will continue to be supported across the full range of handsets, online stores and websites that it reaches today.

http://criticalpath.net