OpenTable, the online restaurant company, is to acquire Foodspotting, an app for finding and sharing dishes at restaurants, for approximately $10 million in cash pursuant to a stock purchase agreement.
Matt Roberts , Chief Executive Officer of OpenTable, said, “The Foodspotting team is as passionate about dining as we are, and we’re looking forward to leveraging their unique expertise in the areas of imagery and social sharing to enrich the OpenTable experience for diners and restaurants in new and exciting ways. By adding more visually compelling content to help people decide where to dine and discover dishes they’ll love, we hope to make it even easier to find the perfect table for any occasion.”
USA, San Francisco, CA
- OpenTable to acquire toptable.com for $55M Posted on September 19, 2010