OpenTable Acquires Toptable.com For $55 Million In Cash

OpenTable Inc (NASDAQ:OPEN) has acquired UK-based company Toptable.com for $55 million in cash. Toptable has 3,000 restaurants in the UK and 2,000 across the rest of Europe. OpenTable has 900 restaurants in the U.K. and 600 in Germany. This acquisition substantially increases the company’s presence in Europe. [GigaOM]

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