Las Vegas – Internet telephone service Skype has acquired
live streaming video service Qik, in a deal thought to be valued at $150
million, Business Insider reported, citing sources. Founded in 2006, Redwood
City, Calif.-based Qik counts 5 million users of its service, which lets Web
and smartphone users stream live video.
Qik has raised around $8.5 million in
funding to date, from investors including Quest Venture Partners, CampVentures,
Marc Andreessen, Ben Horowitz, Marc Benioff, Arjun Gupta and George Garrick.
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(Business Insider)
