Skype Pays Around $85 Million for GroupMe

With the purchase, Skype will gain group messaging technology.

AllThingsD: Skype has announced the purchase of GroupMe, a start-up founded in April 2010 at a TechCrunch event. Terms of the deal were not disclosed, but unnamed sources say the acquisition will cost Skype around $85 million.

GroupMe offers group messaging services that work on most smartphone platforms.

Tags: Skype

0 Comments (click to add your comment)
Comment and Contribute


(Maximum characters: 1200). You have characters left.



IT Management Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that datamation.com may send you Datamation offers via email, phone and text message, as well as email offers about other products and services that Datamation believes may be of interest to you. Datamation will process your information in accordance with the Quinstreet Privacy Policy.