Skype confirms pact to buy GroupMe

Reuters News
Posted: Aug 22, 2011 3:04 PM
Skype confirms pact to buy GroupMe

PHILADELPHIA (Reuters) - Skype said on Sunday it agreed to acquire GroupMe, a New York-based start-up that provides mobile group messaging services.

Terms of the deal were not disclosed.

GroupMe's services let people communicate in private groups over cellphones. The deal will allow Skype to increase its mobile communications services, the company said.

(Reporting by Jessica Hall; Editing by Jan Paschal and Matt Driskill)