Skype Completes Qik Acquisition

Skype has completed its acquisition of Qik, a provider of mobile video software and services that enable individuals to capture, instantly share and preserve great moments on video from anywhere. The transfer of shares and funds between the shareholders of Qik and Skype was completed today and Qik is now under the ownership of Skype.

Tony Bates, Skype’s Chief Executive Officer, said: "The combination of Qik’s products, services and employees, combined with those of Skype will enhance Skype’s offering in the mobile video space. We are excited about working together.”

“We look forward to joining forces with Skype to bring additional video capabilities to consumers and our business partners,” said Vijay Tella, Qik.