Announced today, the deal sees OpenTable’s shares snapped up for $103 each, making a total company valuation of $2.6 billion.
So. Much. Tech.
Some of the biggest names in tech are coming to TNW Conference in Amsterdam this May.
Priceline described OpenTable as a “great match” and said the purchase provides a “natural extension into restaurant marketing services”. Priceline also said that OpenTable would continue to be based in San Francisco and would remain operating as an independent business led by its current management team, so there shouldn’t be too many changes afoot.
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