Wednesday, August 24, 2011

Skype Acquires Start-Up Company GroupMe


In the era of mobility, companies struggle to compete.  So what do they do?  They buy each other out.  Skype, one of the more well known video messaging services, has agreed to buy GroupMe.  GroupMe is a service that lets users make conference calls and text a group of people.

The kicker to this?  Microsoft is still in the process of acquiring Skype, which means, that if the acquisition goes through (and most analysts say it will) that Microsoft will have a great use for the new service.  To a computing software company like Microsoft, the fact that they may have access to a mobile group messaging service like this is extremely important. With steep competition from Apple and Google in the mobile world, and with everything shifting from desktops and laptops to sablets and smartphones, this gives Microsoft a huge advantage.

Although Skype and GroupMe will operate independently right now, the CEO of Skype said that eventually they will merge their technologies.

The world is changing.  Consumers and businesses are going mobile.

To view the full article on the WSJ click the LINK