Skype to acquire GroupMe
By Hanleigh Daniels 22 August 2011 | Categories: news
Following its completed acquisition of mobile video provider Qik at the beginning of the year, Skype has announced that it has entered into a definitive agreement to acquire GroupMe, a provider of mobile group messaging services.
This latest acquisition will enable the voice and video communications provider to deliver enhanced text-based communications as well as innovative features, which allows users to connect, share locations and photos with their colleagues, family and friends.
"Skype and GroupMe have a shared vision of creating applications and experiences that are the daily communications choice for a billion people. We will continue to seek the top talent and technology to make that vision a reality," said Skype CEO Tony Bates.
"The GroupMe team has created an incredibly sticky group messaging experience that works across mobile devices and platforms, making this a perfect addition to the voice, video and text products in the Skype family," added Bates.
The company stated that the terms of the acquisition will not be disclosed.
"There is a natural affinity between Skype and GroupMe and our goal is to continue developing tools that make it easier for people to communicate, share, and stay in touch with their close and important ties," said Jared Hecht, GroupMe's co-founder.
"Integrating GroupMe into the Skype experience is an amazing opportunity for us and accelerates the execution of our vision tenfold," explained Steve Martocci, GroupMe's other co-founder.
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