Skype has just announced in a press release that it will acquire competitor Qik for an undisclosed sum with the purchase expected to be completed by the end of the month.
Skype goes onto state that the two companies will “focus on providing a richer, more integrated experience that will allow people globally to share experiences in real-time video across different platforms. Qik’s deep engineering capabilities and strong mobile relationships will be an impressive complementary fit with Skype.”
Actually the sum is $100 million.