Gadgehit writes: "Skype has entered into an agreement to acquire the year-old GroupMe business, whilst it itself is being acquired by Microsoft for $8.5 billion. The terms of the agreement were not disclosed, but the amount that Skype is paying for this acquisition is reportedly around $85 million."
It's still limited in scope
New update lets you have a video call without having a Skype account. You can start a chat through a link and can use it at any time as it does not expire.
With the sudden upswing of video conferencing needs due to working from home, Microsoft has decided to add a new feature to Skype.
They've way over-valued them, I'm sure it was something that Skype could have developed themselves, especially when they had Skypecast and then removed it.
Where did they analyst get the 85 mil number from? Seems a little far-fetched.
Haha, such an insestual relationship all these companies have.