Skype was launched in 2003 by Estonian software developers who were part of the group that created peer-to-peer file-sharing service Kazaa - Reuters (File Photo)

WASHINGTON: Skype, the Internet communications group set to be acquired by Microsoft, announced plans Sunday to buy the mobile messaging startup firm GroupMe for undisclosed terms.

 

GroupMe was founded in 2010 at the Techcrunch Disrupt Hackathon and is headquartered in New York.

The deal, coupled with the acquisition of mobile video provider Qik earlier this year, “augments Skype's role as an innovator in driving unique mobile user experiences,” the company said in a statement.

“Through the acquisition of GroupMe, Skype continues its drive to provide a global multi-modal and multi-platform communications experience. The acquisition of GroupMe complements Skype's leadership in voice and video communications by providing best in class text-based communications and innovative features that enable users to connect, share locations and photos and make plans with their closest ties.”

Tony Bates, Skype's chief executive, said GroupMe “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.”

Founded in 2003 and based in Luxembourg, Skype is in the process of being acquired by US software giant Microsoft after being spun off by eBay.

Microsoft said recently it hopes to close the deal for purchase of the Internet voice and video leader by October, once it gets the green light from European regulators.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Enrolment drive
Updated 10 May, 2024

Enrolment drive

The authorities should implement targeted interventions to bring out-of-school children, especially girls, into the educational system.
Gwadar outrage
10 May, 2024

Gwadar outrage

JUST two days after the president, while on a visit to Balochistan, discussed the need for a political dialogue to...
Save the witness
10 May, 2024

Save the witness

THE old affliction of failed enforcement has rendered another law lifeless. Enacted over a decade ago, the Sindh...
May 9 fallout
Updated 09 May, 2024

May 9 fallout

It is important that this chapter be closed satisfactorily so that the nation can move forward.
A fresh approach?
09 May, 2024

A fresh approach?

SUCCESSIVE governments have tried to address the problems of Balochistan — particularly the province’s ...
Visa fraud
09 May, 2024

Visa fraud

THE FIA has a new task at hand: cracking down on fraudulent work visas. This was prompted by the discovery of a...