M&A Deal Summary

Skype Acquires GroupMe

On August 21, 2011, Skype acquired internet software and services company GroupMe

Acquisition Highlights
  • This is Skype’s 1st transaction in the Internet Software and Services sector.
  • This is Skype’s 1st transaction in the United States.
  • This is Skype’s 1st transaction in New York.

M&A Deal Summary

Date 2011-08-21
Target GroupMe
Sector Internet Software and Services
Buyer(s) Skype
Deal Type Add-on Acquisition

Target

GroupMe

New York, New York, United States
GroupMe is a provider of mobile group messaging services.

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Buyer(S) 1

Buyer

Skype

Luxembourg, Luxembourg

Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION
Skype office in Palo Alto, California.
Skype office in Palo Alto, California.

Skype provides internet based communication tools and software for individuals and businesses. Skype was formed in 2003.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1