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OpenTable buys Ness Computing for $17.2 million

Staff writer ▼ | February 7, 2014
Online restaurant reservations OpenTable has acquired Ness Computing, 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.
OpenTable
OpenTableOnline restaurant reservations OpenTable has acquired Ness Computing, 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.


"We're thrilled to welcome Ness to the OpenTable family. The Ness team is as passionate about restaurants and helping people find the perfect table as we are, and we have tremendous respect for their talented team of data scientists, engineers and experience designers," said Joseph Essas, chief technology officer of OpenTable.

By helping OpenTable to deliver richer experiences for diners and provide greater insights to its restaurant customers, the acquisition supports the company's focus on continuing to enhance the ways it helps diners discover and book the perfect table and powers more personalized hospitality for guests.

The eleven Ness team members joining the company will be based out of the OpenTable headquarter offices in San Francisco. The Ness app and site will be discontinued as the team focuses on bringing the Ness technology to the OpenTable product and on other development efforts.

The acquisition will be recorded in the first quarter 2014 financial statements of OpenTable.


 

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