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Nextstop Location service acquired by Facebook

on July 12, 2010 | Facebook Geo-location | Comments (0)

Nexstop, a mobile location service has announced they have been acquired by Facebook.

NextStop is a service that lets users create and browse through local guides and recommendations.

Facebook is going to be shutting down Nextstop on September 1. Users are encouraged now to export their data.

So why is Facebook acquiring this company?

Facebook is no doubt looking to create their own Geolocation service for their product and buying a specialist product in the area is much easier and time efficient than creating your own.

Also Facebook will want NextStop’s personnel which includes a couple of high profile ex-Googlers. Some of the ex-Google staff have worked on the Picasa and Google Calendar teams.

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David Correll : Editor and Founder of SocialMediaNews.com.au. I also run a Social Media Agency where I do consulting work and Social Media Management. Connect with me: Twitter | LinkedIn | Facebook or contact me here. Alternatively, you can send me an email at david@socialmedianews.com.au




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