It looks like Facebook has been getting some good Karma as of late because they’ve been rocking out. first with the purchase of Instagram, then they snatched up rival service Lightbox to get into the photography aspects even more. Now they’ve also acquired the social gifting service Karma — and you can’t forget about the Facebook IPO and stocks going crazy.

While Facebook’s stock is starting to dive hopefully good things will be headed their way. This weekend the founders of Karma announced the acquisition on their company blog, stating that Karma will continue as it always has and from here forward they’ll be joining the team at Facebook and will be bringing their passion to the social site.

So what does all this mean? Clearly Facebook is doing plenty with all that money they’ve recently received — Not to mention Mark secretly got married this weekend. With Instagram, Lightbox, and now Karma all joining forces at Facebook hopefully they’ll really get cracking on the Facebook for Android application. It still needs some serious help. I wouldn’t be surprised if Facebook snatches up even more companies in the coming months so stay tuned.