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Congrats to the GraffitiGeo team!

This would seem like a talent acquisition, unless GraffitiGeo had a large amount of active users.

Super smart guys, great tech, great product.

Congratulations to Loopt as well!

Congrats to both teams.

I just looked at Loopt's jobs page and was surprised to see they use a lot of Microsoft technologies. Do any other startups here use .Net, MSSQL etc?

Mine does. If you're interested: www.clearsky-systems.com

Classic Google tactic of buying early stage companies with great technology and brains.

Is this the first time a YC company has acquired another?

There's one I can think of off the top of my head: Posterous acquired Slinkset. There are probably others.

Reddit merged with infogami back in the day.

Baseshield is also the result of a merger between two YC funded startups.

Any pointers on size/terms of the deal?

Why was medianama's innocent question downmodded? I'd be curious to know as well? Downmodding for just asking the question is just bizarre.

Amazing amazing job guys! :)

Loopt acquires GraffitiGeo