SEOshop has announced its acquisition by Canadian software company Lightspeed
POS. Lightspeed is a POS platform for stores and restaurants, and
combined with SEOshop, will enable merchants to offer a unified in-store
and online omnichannel customer experience.
SEOshop
currently serves more than 8,000 online merchants including Philips
Lighting, Heineken, National Geographic Netherlands and the Van Gogh
Museum. The company has doubled revenue every year for the past three
years, delivering more than 1000 percent revenue growth from 2011 to
2014. As part of the deal, SEOshop CEO Ruud Stelder will join the
Lightspeed leadership team as Director of Global eCommerce Revenue, and
CTO Dennis Cuijpers will become Lightspeed’s Director of eCommerce
Development and Architecture.
For
retailers and online merchants who need to compete in an increasingly
competitive, global retail environment, the acquisition will bring
together powerful, easy to use eCommerce and in-store technology that
features advanced tools for inventory management, reporting and
analytics, full eCommerce design customization and engaging in-store
sales experiences. Starting today, Lightspeed will introduce SEOshop
technology, branded as Lightspeed eCom, in the UK and North America.
In
September 2015, Lightspeed announced US $61 million in funding. With
the acquisition of SEOshop, the company now serves 34,000 businesses in
more than 100 countries, processing US $12 billion in annual
transactions.
Share