Skype (Microsoft) buys GroupMe for reported $85 million
Microsoft is buying Facebook partner Skype, which is buying GroupMe, a way of communicating with groups of selected friends. Kind of like Google+
GroupMe — a little company with a big solution for sending free group messages to friends in one's Contact list, regardless of their phones' platforms — is being acquired by Skype. Which is of course in the process of being acquired by Microsoft. (CP: Microsoft buys Skype for $8.5 billion)
Industry News
Blogs
Briefing Room
advertisement
The financials of the deal haven't been announced, but All Things D reports that Skype — subtracting a few zeros from its Microsoft deal — will pay $85 million for the New York company, which started in 2010, inspired by an idea hatched at TechCrunch's 2010 Disrupt Hackathon. In addition to group messaging, GroupMe enables users to set up conference calls — the group gets a unique phone number that everyone calls — and post location information or photos for friends to see.
The GroupMe team says it'll stay in New York and that the app will continue to be offered as a standalone.
"The major difference will be that we will now have access to Skype’s 175 million monthly connected users," they said in a blog post yesterday. "175 million people. That’s a very big deal."
Skype's Tony Bates, also in a post yesterday, said the acquisition is "another step towards our vision to provide a global multi-modal and multi-platform communications experience," adding that it complements Skype's current offerings by providing "mobile text-based communications and innovative features around group messaging that enable users to connect, share locations and photos and make plans with their closest ties."
Which kind of sounds a lot like Google+, Skype-partner Facebook's new competition.
In the comments section following the GroupMe team's excited announcement, one GroupMe user connected some dots and feared for the service's future.
"Microsoft owns Skype, which is in bed with Facebook, which earlier bought GroupMe's biggest competitor (Beluga) and then treated it like the redheaded stepchild," wrote ty_frank (with slightly less punctuation). "I switched back to GroupMe from Beluga cause of this. Please don't repeat Beluga's/Facebook's/Skype's/Microsoft's blunder."
Want to use this article? Click here for options!
© 2013 Penton Media Inc.
advertisement
Learning Library
Webcasts
Using Real-Time Offers, Alerts and Interactions To Improve the Mobile Broadband Experience
In this Webinar you will learn how to create a real-time relationship with your customers, how to proactively improve the customer experience, and how to successfully target and cross-sell services to boost incremental revenue.
- Megabytes to Megabucks, Bandwidth to Business Models: How 4G Is Changing Everything
- How to Unplug Your Redundant Telco Apps To Save Money and Improve Efficiency
- When IaaS Isn't Enough: Service Provider Business Models to Drive Growth and Build Margin
- How to Transform Your Aging Telco Voice Network to Drive New Profits and Revenue
- Creative Licensing Approaches for Telcos & Their Network Equipment Vendors
- Smart Home Opportunity: Balancing Customer Data & Privacy
White Papers
The Role of Diameter in All-IP, Service-Oriented Networks
This paper discusses the rise of Diameter and benefits of Diameter Protocol.
- Conducting The Orchestration – Order Management at the Speed of Business
- Toward a Converged Network Edge
- Beyond Spam – Email Security in the Age of Blended Threats
- 6 Important Steps to Evaluating a Web Filtering Solution
- The Expertise to Protect You from Botnet and DDoS Attacks
- Seeing is Believing – Bridging the Order Visibility Gap
Featured Content
A time and money saving approach to fiber deployment
Service providers are under tremendous pressure to turn up new services faster then before and, at the same time,
to do it at less expense - and intra-office fiber is one of the biggest challenges in terms of both cost and service
turn-up.
of interest
The Latest
News
From the Blog
Briefingroom
Join the Discussion
Resources
Get more out of Connected Planet by visiting our related resources below:
Connected Planet highlights the next generation of service providers, as well as how their customers use services in new ways.
Subscribe Now







