Skift Take
Priceline CEO Darren Huston has been aggressive with acquisitions in his short tenure, although it is possible that discussions with OpenTable began with the prior regime. Still, having acquired Kayak for $2.1 billion in 2013, and maneuvering through the pending $2.6 billion buy of OpenTable, Huston probably has his hands full for now.
A new CEO, and a new and more aggressive acquisition strategy?
The Priceline Group's announcement that it agreed to acquire restaurant reservations platform OpenTable for $2.6 billion represents Priceline Group CEO Darren Huston's third acquisition since taking over for Jeffery Boyd on January 1.
To be sure, the other two acquisitions, namely that of Buuteeq and Qlika, pale in comparison. And just to put these into perspective: Priceline paid $133 million for Booking.com in 2005.
Here's a look at five of the Priceline Group's recent acquisitions:
OpenTable
Using its non-digital wallet, the Priceline Group announced June 13 it intends to acquire OpenTable for $2.6 billion in cash in a bid to replenish and fatten
