December 2013

OpenTable Acquires QuickCue

by Adam on December 23, 2013

Continuing in our spate of 2013 foodtech acquisitions, OpenTable recently announced an $11.5MM acquisition of QuickCue, a restaurant provider of management services for dine-in guests. http://press.opentable.com/releasedetail.cfm?releaseid=814165 I’m particularly interested in the news because OpenTable is establishing itself as one go-to acquirer of early-stage companies in the restaurant-tech space. It’s good news for any company trying […]

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LifeLock Acquires Lemon Mobile Wallet

by Adam on December 16, 2013

LifeLock announced a few days ago that they had completed the acquisition of Lemon, Inc, a mobile wallet innovation company, for just under $50MM in cash, and an amount of unvested equity that’s commiserate with deals of this type (whatever that means). You can read more about news of the acquisition here: http://finance.yahoo.com/news/leading-identity-theft-protection-company-120000660.html While it […]

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I suppose it has something to do with the holiday season or the end of the year that money is flying around so freely. Last week, we had the announcement about the E La Carte partnership with Applebee’s, and today Sysco announced a deal to buy US Foods for $3.5 billion (and yes, that is […]

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Earlier today, E La Carte announced that it had entered into a long-term partnership with the popular Applebee’s restaurant chain to provide 100K tablets for a national roll-out by the end of 2014. You can read full details of the announcement here: http://techcrunch.com/2013/12/02/e-la-carte-scores-deal-with-applebees-bringing-100000-tableside-tablets-to-all-u-s-locations-by-year-end-2014/ The news is ground-breaking insofar as it represents the first major inroad […]

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