Lightspeed POS Buys US Company ShopKeep for US$440 Million in Cash and Stock

Dax Dasilva, CEO of Lightspeed, is seen in his office on September 15, 2015 in Montreal. The Canadian Press/Paul Chiasson

MONTREAL—Lightspeed POS Inc. has signed a deal to buy U.S. company ShopKeep Inc. for US$440 million in cash and shares.

ShopKeep helps businesses accept any type of payment and provides automatic inventory tracking, employee management, and real time sales reporting.