Skype buys messaging startup GroupMe

Skype, the internet communications group set to be acquired by Microsoft, has announced plans to buy the mobile messaging startup firm GroupMe for undisclosed terms.

The acquisition of GroupMe

"Through the acquisition of GroupMe, Skype continues its drive to provide a global multi-modal and multi-platform communications experience.

"The acquisition of GroupMe complements Skype's leadership in voice and video communications by providing best in class text-based communications and innovative features that enable users to connect, share locations and photos and make plans with their closest ties."

The deal for purchase of the internet voice

Microsoft said recently it hopes to close the deal for purchase of the internet voice and video leader by October, once it gets the green light from European regulators.