In an interview with The Globe, Lightspeed chief executive Dax Dasilva said he hopes to sell additional Lightspeed services such as e-commerce and loyalty offerings to Vends customers. The combination of Lightspeed with Vend's talent and technology will help to further growth by ultimately providing the Vend customer base access to the Toggle navigation. Out of 60 sectors in the Mergr database, internet software and services ranked 4 in number of deals in 2021.The largest internet software and services acquisition in 2021 was athenahealth - which was acquired by Hellman & Friedman for $17.0B.. Join Mergr to view all 964 acquisitions of internet software and services Lightspeed POS Inc., a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire VendLimited Whether Existing Vend customers will Lightspeed is the one-stop commerce platform for merchants around the world to simplify, scale and provide exceptional customer experiences. Both platforms are widely used Acquiring Organization: Lightspeed Commerce Lightspeed is a commerce platform for small and medium business. The acquisition will help Lightspeed build its foothold in the Asia Pacific area, where it will double its customer base and boost its retail footprint, the release stated. Omnichannel commerce leader grows customer base by more than 20,000 customer locations worldwide, entrenches leadership position in Asia-Pacific Lightspeed PO Lightspeed to Acquire Vend to Power Global Retail Expansion Omnichannel commerce leader grows customer base by more than 20,000 customer locations worldwide, entrenches leadership position in Asia-Pacific MONTREAL, March 11, 2021 /PRNewswire/ | April 7, 2022 Lightspeed will pay ~$192.5M of the consideration in cash and issue subordinated voting shares in the capital of Lightspeed valued at ~$157.5M. Home; Applications . This acquisition will allow MetroNet to access LightSpeeds already laid framework of fiber-optic cable in these areas and optimize these markets to receive MetroNets 1 Gigabit The acquisition will help Lightspeed, a provider of 1. Are Vend and Lightspeed the same company? Yes, Vend is now part of the Lightspeed family. Our passion and commitment to retailers remain the same, and well continue to grow our platform of solutions; including point of sale, inventory, reporting, and other features to help you manage your business. Lightspeed will acquire Vend for total estimated consideration of approximately $350 million, which will involve payment on closing of approximately $192.5 million in cash Announced Date Mar 11, 2021. Vend was acquired by Lightspeed POS on March 11, 2021. LightSpeeds goal is to assist you in achieving a best-in-class solution for your network. Lightspeed to acquire Vend to power global retail expansion PR Newswire MONTREAL, March 11, 2021 Omnichannel commerce leader grows customer Well provide end-to-end network services and support, including network design and engineering, Completed On Date Lightspeed to acquire Vend to power global retail expansion. Lightspeed POS Inc. (TSX:LSPD) entered into a definitive agreement to acquire Vend Limited for CAD $350 million on March 11, 2021. the company provides customers with a simple way to build, manage, and grow their retail, restaurant, or eCommerce business, and create a best-in-class customer experience. The acquisition will Vendnow Lightspeed Retail (X-Series)helps inventory-based retailers streamline their operations, delight more customers and grow their business across all channels. Vendnow Lightspeed Retail (X-Series)helps inventory-based retailers streamline their operations, delight more customers and grow their business across all channels. Cloud-based omnichannel commerce provider Lightspeed will be acquiring Vend, a cloud-based retail management software company, according to a press release. Lightspeed 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 On March 11, 2021, Lightspeed acquired internet software and services company Vend for 350M USD Acquisition Highlights This is Lightspeeds 5th transaction in the Internet StreetInsider.com Top Tickers, 3/11/2021. Whether you're looking to sell in-store, online and everywhere in between, Lightspeed gives you the tools you need to thrive. Lightspeed has acquired Vend for a total consideration of around $350 million, out of which $192.5 million was in cash while $157.5 million was in voting shares. Founded in Montreal, Canada, over the past 15 1,800. Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire VendLimited (Vend), a cloud-based retail management software company.The acquisition strengthens Lightspeeds global retail base and reinforces the 548M CAD (2022) DESCRIPTION. E-mail Address. Acquire customers, then keep them coming back. Lightspeed has acquired Vend for USD350 million, to further strengthen the brands global expansion for retail cloud-based management. Lightspeed POS has agreed to acquire Vend, a cloud-based retail management software company located in Auckland, New Zealand. Lightspeed POS is set to acquire Vend, a retail management software company based in New Zealand, for approximately $350 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. Lightspeed 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 The acquisition strengthens Lightspeeds global retail base and reinforces the company as a premier omnichannel retail platform worldwide for high-performing small and medium-sized businesses. Lightspeed is a provider of POS platform for stores and restaurants. Billing : billing@lightspeed.ca Sales: newsales@lightspeed.ca Technical Support: techsupport@lightspeed.ca Vancouver: (604) 482-1190 Calgary: (403) 537-6254 Winnipeg: Vend is a retail management software company that helps digitize retail operations. Revenue. E-Commerce giant Lightspeed has announced the acquisition of fellow cloud-based platform Vend Limited in a deal worth $350 million. Vend is a cloud-based, Lightspeed to acquire Vend for $350 million. Article Stock Quotes (2) FREE Breaking News Alerts from StreetInsider.com! Lightspeed acquired Vend for $350 million. Lightspeeds global excellence and commitment to community is inspirational to Vend, says Ana Wight, CEO of Vend. By joining forces, we will power the global transformation of retail and pour our unparalleled collective efforts into the success of our retailers at this pivotal moment in our industry. Lightspeed POS Inc announced the acquisition of cloud-based retail management software provider Vend for $350 million. Lightspeed 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 Mar 15, 2021 5:12AM EDT L ightspeed POS Inc announced the acquisition of cloud-based retail management software provider Vend for $350 million. E-Commerce giant Lightspeed has announced the acquisition of fellow cloud-based platform Vend Limited in a deal worth $350 million. Founded in Montreal, Canada, over the past 15 years Lightspeed has grown to serve more than 115,000 customer locations in over 100 countries. Like Vend, Lightspeed has always been committed to investing in innovative products and customer service to make their retailers successful.
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