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Skype Acquires GroupMe
The IP communications provider scoops up a mobile group messaging services provider.
Posted Aug 22, 2011
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IP phone and conferencing services provider Skype has entered into a definitive agreement to acquire GroupMe, a provider of mobile group messaging services that helps users stay in touch and make decisions. GroupMe was founded in 2010 at the Techcrunch Disrupt Hackathon and is headquartered in New York. Terms of the acquisition will not be disclosed.

"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 Tony Bates, Skype's CEO. "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."

"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," added Steve Martocci, GroupMe's other co-founder.


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