Qualcomm Acquires iSkoot To Reduce The Strain Of Apps On The Network


Credit: Qualcomm

Qualcomm (NSDQ: QCOM) has acquired San Francisco-based iSkoot, a company that aggregates popular social networks into one application with the emphasis on reducing data bandwidth and saving on battery life. Terms of the deal were not disclosed, however, iSkoot will become part of Qualcomm’s Innovation Center, a subsidiary of the larger telecom chip maker.

The company said the mission of Qualcomm’s Innovation Center is focused on melding open source software with Qualcomm products.

Founded in 2005, iSkoot was initially known for first putting Skype on mobile phones. Later, it built social networking applications for carriers, such as AT&T (NYSE: T), which could pull content from Twitter, Facebook and MySpace (NSDQ: NWS), and lets users customize news and entertainment feeds. The service was called AT&T’s Social Net and it rolled out in July last year to mostly non-smartphone devices. As of November 2008, the company had raised $32 million in venture capital.

Qualcomm said the benefit of iSkoot’s platform is that it can shrink data-intensive tasks that would ordinarily clog a network into a more bite-sized experience for the operator. Rob Chandhok, Qualcomm’s Innovation Center president, said iSkoot’s technology includes a push data services platform, a social network aggregation solution and voice 2.0 services. Release.

Comments are closed.