Skype to Acquire Qik This Month

Hot off the presses. Skype is expecting to finish it’s acquiring of Qik very soon. Qik is a Redwood City, CA based company that is “a provider of mobile video software and services that enable individuals to capture, instantly share and preserve great moments on video from anywhere.” Hmm… What could Skype possibly be trying to do?

Both Skype and Qik have a common purpose of enriching communications and sharing with video, across any device. The acquisition of Qik helps accelerate Skype’s leadership in video by adding recording, sharing and storing capabilities to Skype’s product portfolio. Through this acquisition, Skype will also be able to leverage the engineering expertise that is behind Qik’s Smart Streaming technology, which optimizes video transmission over wireless networks.