J. Michael Arrington (born 13 March 1970 in Huntington Beach, California) is a serial entrepreneur and founder of TechCrunch, covering startups and technology news blog. Arrington attended Claremont McKenna (Ba economics, 1992) and Stanford University (JD, 1995) and practiced corporate and securities attorney in two law firms: & rejoined O'Melveny Myers and Wilson Sonsini Goodrich. ? Read More
Skype will acquire GroupMe group service messaging service, was born in the hackathon at TechCrunch Disrupt in New York in 2010. GroupMe was founded by Jared Hecht and Steve Martocci.
The terms of the transaction, including the price, no disclosure.
Just a couple of months after TechCrunch Disrupt the company closed $ 850.000 round financing from Betaworks, SV Angel, first round capital, Lerer ventures and several prominent angels. At the beginning of this year, the company raised $ 10.6 million more from the enterprise better General catalyst and previous investors.
GroupMe lets you create on the fly private telephone group with others and then send text messages throughout the Group and create free conference calls.
Skype CEO of Tony Bates said that he had been talking to the company for several months, at the same time of Skype in the negotiations to be acquired by Microsoft.
Microsoft transaction is still pending.
They will keep GroupMe as a separate brand Bates said and search integration points with time. Group communications space in General is one of the most important markets for Skype ", he told me via Skype video call this morning. He added: "very tacky GroupMe creates an instant sensation. Skype is a daily interactive form of communication. Skype's goal is to reach 1 billion users. Mobile is the place for this. "
GroupMe, which has 20 members, will remain in New York.
Skype is a software application that allows users to make voice and video calls and chats over the Internet. Calls to other users through the Skype services are free of charge.
Read MoreGroupMe is a group of messaging and Conference calling service that allows you to stay in touch with groups of people through mobile phones. This is a free service that allows users ...
Read MoreMicrosoft, founded in 1975 by Bill Gates and Paul Allen, is a veteran software company, best known for its Microsoft Windows operating system and Microsoft Office ...
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