Skype acquires Qik mobile video company
Skype acquires Qik mobile video company
Qik's service lets users capture and share video across smartphones and the Net.

San Francisco: Internet telephone service Skype said it acquired mobile video company Qik for an undisclosed amount.

Qik's service - available on more than 200 mobile phones, including Android and Apple's iPhone - lets users capture and share video across smartphones and the Internet, Skype said in a news release.

Skype, partly owned by Web retailer eBay Inc, is expecting to raise up to $1 billion in an initial public offering, sources familiar with the matter told Reuters in November.

Skype said the transaction to buy Redwood City, California-based Qik, with 60 employees, should be completed this month.

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