It's Official: Facebook Grabs Gowalla but not the Tech

(Reuters) - Facebook has hired the co-founders of Gowalla, one of the pioneering companies that developed the concept of "checking in" at real-world locations with mobile phones. Facebook, which has its own location features built in to its online social network, will not acquire Gowalla's technology. And Gowalla's service will be shut down at the end of January. "In talking with the Gowalla team, we realized 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," Facebook said in an emailed statement on Monday.

5 December 2011•2 mins read
Feature image
LinkedInXEmail
LinkedInXEmail