OpenTable ups share price for IPO as Silicon Valley watches closely
Online reservation service OpenTable is predicted to go public this week — much to the excitement of the Silicon Valley community — and it just lifted its estimated price range from $12 to $14 per share to $16 to $18 in response to investor demand. The filing would mark the fifth and smallest technology offering this year, boding well for other young companies finding their legs after the fourth-quarter market freeze.
Last year, we predicted OpenTable… Continue Reading
AT&T buys pay-per-call company, Ingenio
updated
AT&T has agreed to acquire privately held Ingenio, a provider of so-called “pay-per-call” technology, for an undisclosed amount.
Ingenio lets businesses bill clients when they call for information, instruction or other educational purposes. It also gives businesses a way to advertise online, letting them provide their phone numbers within online ads.
When customers call the number in the ad, Ingenio tracks the frequency with which the numbers being called (it can do so, because it provides unique… Continue Reading