OpenTable Acquires Ness Computing for $11,300,000

  • Feed Type
  • Date
    2/6/2014
  • Company Name
    Ness Computing
  • Mailing Address
    Undisclosed Palo Alto, CA 94301
  • Company Description
    Ness Computing has created mobile personalized restaurant recommendations.
  • Website
    http://www.likeness.com
  • Transaction Type
    M&A
  • Transaction Amount
    $11,300,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    OpenTable, Inc. (NASDAQ: OPEN), the world’s leading provider of online restaurant reservations, today announced that it has acquired Ness Computing, Inc., a provider of mobile personalized restaurant recommendations, pursuant to an agreement and plan of merger for approximately $17.2 million in cash, or $11.3 million net of estimated Ness cash.

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