Skype is Buying Mobile Group Messaging GroupMe

Skype GroupMeMicrosoft maybe in the process of acquiring Skype but it looks like once the deal is closed they will be getting more than they bargained for as Skype today announced that they have reached an agreement to acquire GroupMe, a group messaging startup that made its name by offering free mobile apps enabling easy group conversations and it was even highlighted at Google I/O.

GroupMe was founded in 2010 at the Techcrunch Disrupt Hackathon and is headquartered in New York, 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 Chief Executive Officer. “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.”

Skype didn’t release any figures of the acquisition of GroupMe but there has been rumors that Skype paid approximately $80 million for the startup company.

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