Skype Acquires GroupMe for Rumored $85 Million

Posted Aug 22, 2011

Skype has acquired mobile messaging service GroupMe. The companies have declined to reveal the terms of the acquisition, but AllThingsD reports that Skype is rumored to have paid $85 million for the company. Meanwhile, Skype is in the process of being acquired by Microsoft, and Skype also acquired video service Qik earlier this year. The GroupMe blog reports that the team will stay in New York and work on their standalone app for now.