Skype And Qik, January 2011
Last year was a big one for Skype, which among other highlights hired former Cisco VP Tony Bates as its new CEO, filed a Form S-1 in preparation for an initial public offering, and launched a formal channel program to help it increase mindshare and market share among business VoIP users. Most recently, however, came an acquisition: earlier this month, Skype confirmed it would acquire Qik, the video startup specializing in streaming video on mobile devices. Qik ended 2010 with 5 million users, up from 600,000 only a year ago. That's admirable growth, and with Skype looking to up its exposure both in the mobile device world and the video one, having Qik in its arsenal would seem to kill two birds with one stone.