Skype to acquire GroupMe

August 22, 2011 04:35 pm | Updated August 23, 2011 04:59 pm IST - New York

Leading internet communications firm Skype has said it will acquire GroupMe, a provider of mobile group messaging applications, for an undisclosed amount.

The move comes three months after software giant Microsoft announced that it will snap up Skype for about USD 8.5 billion.

In a statement, Skype said on Sunday, ”... It has entered into a definitive agreement to acquire GroupMe, a provider of mobile group messaging services that help users stay in touch and make decisions.”

However, the company has not disclosed the financial details of the deal.

The deal would help Skype to continue its drive to provide a global multi-modal and multi-platform communications experience. GroupMe, founded in 2010, has an application that lets users text and make conference calls within a group of friends or colleagues.

The acquisition of GroupMe complements Skype’s leadership in voice and video communications by providing best-in-class text-based communication and innovative features that enable users to connect, share locations and photos and make plans with their closest contacts.

The start-up, however, faces growing competition from Apple, Google and Facebook, which are new smartphone messaging services that include group messaging.

“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.

“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,” Skype CEO Tony Bates said.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.