Skype to Acquire Qik for 150 Million

first_imgSkype has just announced that “it has entered into a definitive agreement to acquire Qik,” according to the Qik blog. Qik allows users to stream and shoot video from their smartphones. There’s talk that it will be bought for $100 million, then we heard $150 million — we’re really not sure just yet. Either way, it will probably be for a big chunk of change. Skype has already reached out to Apple’s iPhone, iPod Touch, and iPad users by introducing mobile video calling for those devices. The acquisition of Qik could help Skype reel in more of the mobile videoconferencing market. According to Qik’s blog, the company had a huge year in 2010. It started the year with 600,000 users and ended with 5 million users, which is undoubtedly thanks to its partnerships with companies including Sprint, T-Mobile, Nokia, HTC, and Samsung. According to the Wall Street Journal’s Market Watch, Skype said the deal will add video “recording, sharing and storing capabilities to Skype’s product portfolio.”last_img read more