Skype recently announced it has arranged an agreement to acquire Qik, a provider of mobile video software and services that enable individuals to capture, instantly share and preserve great moments on video from anywhere. The deal will cost a big chunk of change but to them seems worth it. Most of you smartphone owners are very familiar with both of these applications.

The deal is said to close sometime in January of this year, so very soon!

Skype and Qik have very similar purposes of enriching communications and sharing videos, 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.

According to the press release, together, Skype and Qik will focus on providing a richer, more integrated experience that will allow people globally to share experiences in real-time video across different platforms, as well as, store those moments so they can be viewed anytime later.

“Qik has worked very hard to solve complex problems that allow millions of people everyday to take advantage of sharing their lives with those people who are most important to them,” said Vijay Tella, Chief Executive Officer of Qik. “Joining Skype allows Qik’s team to unite with Skype’s talented team to develop new and innovative products for our customers and partners.”.

With this new merger taking place we can only hope that Skype will hold up to it’s current stability and not give it’s users any problems. When we or one of our users here get our hands on the updated apps, we will be sharing more information so keep your eyes open. For now, let us know what you think!

Source: Skype