Moneycontrol PRO
The Learning Curve
The Learning Curve
HomeNewsTechnologySkype goes shopping, picks up GroupMe

Skype goes shopping, picks up GroupMe

Skype goes shopping, picks up GroupMe

August 23, 2011 / 11:54 IST

Skype has come a long way. From being a free VoIP telephony application, it has now become a giant and was most recently in the news for being acquired by Microsoft. Skype has just bought GroupMe, a free communication software for mobile platforms such as iOS, Android, BlackBerry and recently, Windows Phone 7. GroupMe is a comparatively new startup and is a little more than a year old. While there’s no confirmation of how much GroupMe was sold for, it’s estimated to be above $50 million. The move should allow Skype to enhance its features and services, as well as propagate to other platforms. 

One of the youngest startups to be bought over
One of the youngest startups to be bought over

The announcement was made by Tony Bates, CEO of Skype. There’re no details on how GroupMe will operate from here - as a standalone app or a bunch of features within the Skype client. Skype is likely to be integrated with some of Microsoft’s existing online services on the desktop, mobile and the gaming console. GroupMe is likely to follow that path sometime in the future and will now have access to Skype’s existing 175 million users. GroupMe is a free service that allows users to register and communicate with others using mobile numbers. There are also features that allow devices without SMS to send messages over the web. Photo sharing and posting questions to its users are some of its other features.

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

first published: Aug 22, 2011 10:35 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347