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http://money.cnn.com/2011/12/02/technology/gowalla_facebook/

NEW YORK (CNNMoney) -- Facebook has acquired location sharing service Gowalla for an undisclosed sum, according to a source close to Gowalla.

Facebook did not immediately respond to a request for comment.

It looks like employees at Austin based company will relocate to FB headquarters in Palo Alto.

I'm more of a Foursquare user myself.