MONTREAL, Quebec (BRAIN) — MerchantOS, a popular retail POS software brand among bike shops, has been acquired by LightSpeed, a Montreal-based software company.
MerchantOS said its product line and team will continue with a new name: LightSpeed Cloud.
"Your product and price will stay the same," MerchantOS said on its website. "If you decide to change your plan you’ll be switched to our new pricing. Over the next few months we’ll transition all customers to our new user interface. Not to worry — we’ll give you the opportunity to review the new interface before you switch over. We’re sure you’ll like what you’ll see."
LightSpeed said the acquisition of MerchantOS expands its customer base by over 2,400 locations and adds a new "platform-agnostic" HTML-5-based POS system to its product offerings. LightSpeed's previous POS systems run only on Apple's Mac OS platform.