WebMar 16, 2024 · E-Commerce giant Lightspeed has announced the acquisition of fellow cloud-based platform Vend Limited in a deal worth $350 million.. Both platforms are widely used across the globe with bicycle retailers and so the buyout will see Lightspeed gain a broad range of small to medium size business accounts in the industry. WebSo excited to be joining the Lightspeed team, an amazing Canadian company, and to be taking on the digital transformation of retail together! Exciting times!
Lightspeed to acquire Vend to power global retail expansion
WebDec 22, 2024 · Vend is a cloud-based POS system that allows you to sell your products, take orders from customers, integrate hardware devices, accept payments and sync data across multiple locations and... WebMar 15, 2024 · Lightspeed POS Inc announced the acquisition of cloud-based retail management software provider Vend for $350 million. The acquisition will help … nbf securities
Lightspeed To Acquire Vend PYMNTS.com
WebLightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the closing of the previously reported acquisition of Vend Limited (Vend), a cloud-based retail management software company headquartered in Auckland, New Zealand. WebLightspeed will acquire Vend for total estimated consideration of approximately $350 million, satisfied by way of payment on closing of approximately $192.5 million in cash and the issuance of subordinate voting shares in the capital of Lightspeed valued at approximately $157.5 million. The deal, which is subject to customary closing conditions ... WebMar 11, 2024 · Acquisition Vend acquired by Lightspeed Commerce Overview Acquired Organization: Vend Vend retails POS software, inventory management, ecommerce, and customer loyalty for iPad, Mac, and PC. Acquiring Organization: Lightspeed Commerce Lightspeed is a commerce platform for small and medium business. Announced Date … marriage trailer 2022