LightSpeed, a Canadian software company that helps retailers manage their in-store shopping experience, today announced the acquisition of Olympia-based MerchantOS.
LightSpeed will utilize MerchantOS’ cloud-based point-of-sale and inventory management software. Previously, LightSpeed required customers to own Apple products to run its software. But now with MerchantOS, LightSpeed will offer a new web-based service called LightSpeed Cloud to retailers working with any device.
MerchantOS co-founders Ivan Stanojevic and Justin Laing wrote a blog post this morning detailing the merger, noting that they’ll be transitioning their customers to the new user interface in the coming months. Current users also have the choice of keeping their original payment plan unless they want to switch to a new plan.
“Working together with LightSpeed creates a clearer path towards our vision and goals,” the co-founders wrote. “Their design centered culture, experienced sales team and strong leadership has what it takes to steer us towards greater success than we could have achieved on our own. The opportunity in merging our organizations was overwhelming.”