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America Movil invests USD 40 mln in Shazam

2013-07-08 07:00:00| Telecompaper Headlines

(Telecompaper) America Movil has invested USD 40 million in media engagement company Shazam. The companies have also formalized a strategic business collaboration for the Americas, Shazam said. The investment aims to boost Shazam's growth in music, expansion into television and the development of new products.

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