Three months after the acquisition of Gowalla by Facebook, the company has officially closed it doors.
The termination is a timely one. The company was headquartered in Texas, home to SXSW, which is being held this week. The event is synonymous with the launch and promotion of location based startups including Foursquare, Gowalla’s slightly uglier big brother and now the location space’s clear winner. If there’s money to be made in the check-in space, the ball is well and truly in Foursquare’s court.