Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 5 Managing Technology and Information.

Description:  Facebook has acquired location sharing service Gowalla for an undisclosed sum, according to a source close to Gowalla.

Source:  CNNMoney.com

Date: 12/02/2011

Link:  http://money.cnn.com/2011/12/02/technology/gowalla_facebook/index.htm?iid=SF_BN_Lead

Questions for discussion:

  • What are the reasons behind this and other acquisitions by Facebook?
  • What are the advantages and disadvantages of this strategy from a strategic managerial as well as a financial point of view?

Leave a Reply

Your email address will not be published.