Internet telephone service Skype said it acquired mobile video company Qik for an undisclosed amount.
Qik's service -- available on more than 200 mobile phones, including Android and Apple's iPhone -- lets users capture and share video across smartphones and the Internet, Skype said in a news release.
Skype, partly owned by Web retailer eBay Inc, is expecting to raise up to $1 billion in an initial public offering, sources familiar with the matter told Reuters in November.
Skype said the transaction to buy Redwood City, California-based Qik, with 60 employees, should be completed this month.
(Reporting by Noel Randewich; Editing by Steve Orlofsky)