Skype acquires mobile video sharing startup Qik – VOIP – RealtyGo.co

Skype/Mobile_Real_Estate_Listings

Internet telephony services provider Skype entered a definitive agreement to acquire mobile video software and services provider Qik. The transaction is expected to close later this month; financial terms were not disclosed, but multiple insider sources peg the purchase price at $100 million.

Qik’s platform enables consumers to capture and share video across mobile devices, the web and the desktop–content can be shared in real time or archived. The Qik solution extends across more than 200 mobile phones spanning the iOS, Android, BlackBerry, Windows Mobile and Symbian operating systems; in addition, Qik comes preloaded on a series of devices via partnerships with multiple manufacturers and mobile operators.

According to Skype, the acquisition bolsters its existing video calling services by adding recording, sharing and storage capabilities to its product portfolio. In addition, Skype can leverage Qik’s Smart Streaming technology, which optimizes video transmission over wireless networks. Approximately 40 percent of Skype-to-Skype calls take place over video.

via Skype acquires mobile video sharing startup Qik – RealtyGo.co

Advertisements

, , , , , , ,

  1. Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: