Tech Company M&A Transactions
Ness Computing Acquisition
Ness Computing, operating out of Palo Alto, was acquired by OpenTable. The transaction price was $11.3 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/6/2014
Transaction Type
M&A
Amount
$11,300,000
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.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
Undisclosed
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
Ness Computing has created mobile personalized restaurant recommendations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Corey Reese
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