Tuesday, December 6, 2011

Facebook confirms Gowalla Buyout

Facebook has confirmed that it  has bought location based social networking site Gowalla for undisclosed Sum.
 
"We're excited to confirm that Gowalla co-founders Josh Williams and Scott Raymond, along with other members of the Gowalla team, are moving to Facebook in January to join our design and engineering teams," said a Facebook spokesperson in a statement.

"In talking with the Gowalla team, we realised that we share many of the same goals: building great products that reach millions of people, making a big impact quickly, and creating new ways for people to connect and share what's going on in their lives.

"While Facebook isn't acquiring the Gowalla service or technology, we're sure that the inspiration behind Gowalla will make its way into Facebook over time."

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