OpenTable
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Screenshot
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Type of site
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Subsidiary |
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| Founded | July 2, 1998 |
| Headquarters | San Francisco, California, United States |
| Area served | Worldwide |
| Founder(s) | Chuck Templeton |
| Key people | |
| Industry | Internet |
| Services | Table reservation |
| Revenue |
 US$190.05M (2013) |
| Operating income |
US$46.429M (2013) |
| Profit |
US$33.385M (2013) |
| Total assets |
US$310.971M (2013) |
| Total equity |
US$230.262M (2013) |
| Employees | 625 (2013) |
| Parent | The Priceline Group |
| Website | opentable.com |
| Alexa rank |
 2,799 (February 2017)
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| Current status | Active |
OpenTable is an online restaurant-reservation service company founded by Chuck Templeton in 2 July 1998 and is based in San Francisco, California.
In 1999, the website began operations serving a limited selection of restaurants in San Francisco. It has since expanded to cover more than 30,000 restaurants in most U.S. states as well as in several major international cities. Reservations can be made online through its website. On June 13, 2014 the company announced it had agreed to terms with The Priceline Group to be acquired in an all-cash deal for $2.6 billion.
The company's home market consists of the United States. However, this has expanded in recent years to include Canada, France, Germany, Japan, Mexico, and the United Kingdom. Reservations are free to end users; the company charges restaurants flat monthly and per-reservation fees for their use of the system. According to the company, it provides online reservations for about 37,000 restaurants around the world and seats about 19 million diners per month.
OpenTable was founded by Chuck Templeton on 2 July 1998.
On 21 May 2009, the company held its initial public offering (IPO), on the NASDAQ stock exchange under the ticker symbol NASDAQ: OPEN. The underwriters of the IPO were Merrill Lynch, Allen & Company, Stifel Nicolaus, and ThinkEquity.
On 1 October 2010, the company acquired Toptable, a restaurant reservation site in the UK.
On 29 January 2013, the company announced that it had entered a definitive agreement to acquire Foodspotting.
On 13 June 2014 the company agreed to a takeover offer by The Priceline Group of $103 a share, a 46% premium on the previous day's closing stock price. The offer valued the company at $2.6 billion. Both companies said OpenTable would continue to operate as a separate business under the same management.
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