OpenTable IPO
OpenTable provides restaurant reservation and management software, connecting diners with restaurants through its online platform and mobile app. The company was a pioneer in online restaurant reservations and became a valuable acquisition target due to its market-leading position.
Key Facts
| Industry | Restaurant Technology |
| Founded | 1998 |
| Headquarters | San Francisco, CA |
| Employees | ~1,500 |
| Website | opentable.com |
| Funding | Acquired by Booking Holdings for $2.6B in 2014 |
About OpenTable
OpenTable is the leading online restaurant reservation platform, connecting diners with restaurants through its booking system and marketplace. The company operates a two-sided network that allows consumers to discover and book restaurant reservations while providing restaurants with table management software, customer relationship tools, and marketing services. OpenTable processes millions of reservations monthly across thousands of restaurants globally.
Beyond basic reservations, OpenTable has evolved into a comprehensive restaurant technology provider offering point-of-sale systems, guest management tools, and marketing solutions. The platform's data insights help restaurants optimize operations and understand customer behavior. Acquired by Booking Holdings (formerly Priceline) in 2014 for $2.6 billion, OpenTable continues to dominate the restaurant reservation space while expanding into additional hospitality technology services.
IPO Status
OpenTable went public in 2009 but was later acquired by Priceline Group (now Booking Holdings) in 2014 for approximately $2.6 billion. The acquisition valued OpenTable at $103 per share, representing a significant premium over its trading price at the time. Booking Holdings saw strategic value in OpenTable's restaurant reservation platform as part of its broader travel and hospitality ecosystem. Since the acquisition, OpenTable has continued to operate as a subsidiary of Booking Holdings, maintaining its brand and expanding its services globally. The company is no longer publicly traded as an independent entity, having been taken private as part of the Booking Holdings portfolio.
Competitors
Frequently Asked Questions
Does OpenTable have a stock?
OpenTable completed an IPO in 2009 and traded publicly until 2014. The company was then acquired by Priceline Group (now Booking Holdings) and is no longer an independent public company.
When is the OpenTable IPO date?
OpenTable will not have another IPO as it was acquired by Booking Holdings in 2014. The company now operates as a subsidiary and is not expected to go public again as an independent entity.
How can I buy OpenTable stock?
You cannot buy OpenTable stock directly as it was acquired by Booking Holdings in 2014. If you want exposure to OpenTable's business, you can purchase shares of Booking Holdings (NASDAQ: BKNG), which owns the company.
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