LightSpeed To Acquire ShopKeep

Lightspeed POS Inc., a provider of cloud-based, omnichannel commerce platforms, plans to acquire ShopKeep Inc., a cloud commerce platform provider based in New York City, NY. This acquisition reinforces Lightspeed's status as a category leader for complex retailers and restaurateurs seeking to modernize their operations as the global economy undergoes unprecedented digital acceleration. Lightspeed's analytics, loyalty, eCommerce, and payments modules, in addition to its multi-location solution, will offer ShopKeep's customer base the opportunity to enhance their capabilities. The acquisition immediately expands Lightspeed's market share. Following the closing of the acquisition, Lightspeed will serve over 100,000 customer locations worldwide.