Shazam Gets $40 Million Investment from Carlos Slim’s America Movil

Shazam has entered into a strategic partnership with, and received an investment from, Mexican telecommunications company America Movil. Part of a conglomerate of companies owned by businessman Carlos Slim Helu, America Movil has put $40 million into Shazam that will aid its growth into advertising and television and help the audio recognition service expand in Latin America.

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