Skype finalises Qik buy

Skype has finalised its purchase of mobile video streaming specialists Qik, the company announced on Friday.

The deal — details of which remain undisclosed — will see Qik and its 60-strong workforce fall under Skype's banner.

"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," Neil Stevens, vice president and general manager of Skype consumer products wrote in a blog post.

"We’re very excited about this move, and look forward to working together with the Qik team to make our mobile video products even better," he added.

Skype chief executive Tony Bates announced the purchase on 7 January at CES 2011 in Las Vegas, amid news that the company plans to put more focus on video calling in the future.

The company also officially launched a group video calling feature aimed at small business and home users at the event that can support up to 10 participants at a time.