News

LightSpeed launches cloud-based POS, acquires MerchantOS

July 24, 2013

The software company LightSpeed has announced the launch of LightSpeed Cloud, a web-based retail management and POS solution that boasts a fully-featured iPad app, as well as the acquisition of MerchantOS.

LightSpeed Cloud uses HTML5-based interfaces, making the solution device-agnostic so that retailers can manage sales, inventory and reporting from their web browser and computer of choice, according to the news release.

The addition of MerchantOS to the LightSpeed Cloud team enhances LightSpeed's position in the rapidly growing inventory-centric retail software market and expands LightSpeed's customer base by over 2,400 locations, the release said.

"With LightSpeed Cloud, our product suite now allows an entirely new set of retailers, regardless of platform, to more efficiently manage their businesses," said Dax Dasilva, founder and CEO of LightSpeed. "This new technology, particularly LightSpeed Cloud for iPad, positions LightSpeed at the forefront of the POS industry with an expanded product offering to help us achieve even greater growth and deliver an even better solution to retailers of all sizes."

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