Skype wastes no time in acquiring video calling rival, Qik. The transfer of shares and funds between the shareholders of Qik and Skype was completed today and Qik is now under the ownership of Skype.
According to Skype, the two companies will:
"focus on providing a richer, more integrated experience that will allow people globally to share experiences in real-time video across different platforms,"
"deep engineering capabilities and strong mobile relationships will be an impressive complementary fit with Skype."