Boston.com and OpenTable.com Announce Strategic Alliance; Partnership Brings OpenTable.com's Real-Time Restaurant Reservations to Boston.com.Business Editors BOSTON--(BUSINESS WIRE)--Feb. 29, 2000 Boston.com and OpenTable.com (www.opentable.com), the leader in online restaurant reservations, announced today a strategic marketing and business partnership that will make real-time restaurant reservations available on Boston.com, one of the most visited regional portals in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Beginning next month, visitors to Boston.com (www.boston.com) will be able to make real-time reservations at restaurants throughout the Boston area using OpenTable.com's reservation technology. Under the agreement, OpenTable.com will be the exclusive provider of restaurant reservations on Boston.com. Visitors to Boston.com will have access to a free, personalized dining reservation system that will allow them to instantly reserve tables at restaurants throughout the Boston metropolitan area. OpenTable.com's technology enables diners to search for a restaurant online -- using criteria such as cuisine type or neighborhood -- and delivers immediate, online confirmation of reservations. Confirmed reservations are simultaneously delivered to the restaurant via OpenTable.com's proprietary, Internet-connected Electronic Reservation Book (ERB). OpenTable.com and Boston.com will develop a co-branded Web site that will feature reviews and information from The Boston Globe and OpenTable.com's real-time reservation technology. Visitors to Boston.com will be able to access OpenTable.com's reservations via the Dining area in the Arts & Entertainment section of Boston.com. The two organizations will also develop integrated sales and marketing programs to address Boston restaurants. "Boston.com has some of the best local content available on the Internet," said Chuck Templeton, OpenTable.com president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This agreement will bring to Boston.com visitors the unique ability to use that content to make dining reservations at their favorite restaurants. We're very pleased that Boston.com shares our enthusiasm for helping consumers make the most of their time online," he said. Lisa DeSisto, vice president and general manager of Boston.com, said: "We expect OpenTable.com to be a tremendous resource for visitors to Boston.com. It's clear that online reservations are becoming widely accepted by restaurants and consumers alike, and OpenTable.com is truly helping diners make the reservation process more efficient. We're excited about adding their unique service to Boston.com." About Boston.com Boston.com is part of Times Company Digital, a division of The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times Company. Times Company Digital (TCD TCD Trinity College Dublin TCD Chad (ISO Country code) TCD Transcranial Doppler TCD Thermal Conductivity Detector TCD Traffic Control Device TCD Tropical Conservation and Development ) serves a quality audience online by providing high-quality news, information and interaction through its own premier Web sites as well as affiliate partners. TCD's family of sites includes NYTimes.com (www.nytimes.com), Boston.com (www.boston.com), NYToday.com (www.nytoday.com), WineToday.com (www.winetoday.com), GolfDigest.com (www.golfdigest.com) and Abuzz (www.abuzz.com), which develops sophisticated community and knowledge-sharing applications for use on the Internet. Times Company Digital is a division of The New York Times Company (NYSE NYSE See: New York Stock Exchange : NYT NYT New York Times NYT National Youth Theatre (UK) NYT New York Transit (New York, USA) NYT New York Tribune ). About OpenTable.com OpenTable.com, the leading restaurant reservation network, is based in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] , and has offices in New York, Chicago, Boston, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Seattle and Washington DC. OpenTable.com is an Internet company dedicated to providing dining consumers with the best possible reservation experience, and restaurants with the best available customer management tools. OpenTable.com has partnered with restaurants from An American Restaurant Group, Ark Restaurants Corp., California Cafe Restaurant Corp., the Lark Creek Group, Lettuce Entertain You Enterprises Lettuce Entertain You Enterprises (LEYE) is an empire of approximately 70 restaurants founded by Rich Melman and Jerry A. Orzoff in Chicago, IL in 1971. History , Inc., Real Restaurant Group, Restaurants Unlimited, and Union Square Hospitality Group. OpenTable.com is backed by leading Venture Capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] including Impact Venture Partners, Benchmark Capital and Prescient pre·scient adj. 1. Of or relating to prescience. 2. Possessing prescience. [French, from Old French, from Latin praesci Capital. For more information about OpenTable.com or its online restaurant reservation network visit www.opentable.com or call 1.800.OPENTABLE. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion