Today in Mobile

Business Insider has just confirmed an earlier report that Skype has acquired Qik for as much as $150 million. The move would punctuate an enormous growth spurt for Qik, which enables users to stream video from their smartphone and which exploded from 600,000 users to more than five million in just the past year. The move underscores Skype’s eagerness to deliver video chat, which already accounts for 40 percent of all Skype minutes, and Qik’s astounding momentum proves the demand for such offerings on mobile devices. We’re a long, long way from seeing mass-market adoption of mobile video chat, but this acquisition is a good fit that should pay dividends far down the road.