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

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...