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December 27, 2011 04:30 pm GMT

Li Ka-shing Invests In HzO, Which Protects Your Gadgets From Water Damage

hzoHorizons Ventures, the Hong Kong-based firm that manages the private, early-stage investments in the technology sector for billionaire entrepreneur, philanthropist, business magnate and Facebook and Spotify investor Li Ka-shing, has acquired a $3 million stake in water damage protection technology company HzO as part of a preferred equity investment. HzO was originally acquired by ZAGG in 2009 but since spun off as an independent company to improve and commercialize its 'WaterBlock' technology.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/B-kwDVkq68E/

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