Lightspeed acquires iKentoo.

Lightspeed, a providor of PoS and ecommerce solutions acquires iKentoo, a high-performance iPad POS and management solution for all types of restaurants and hospitality businesses. Financial terms were not disclosed. With iKentoo, Lightspeed adds another string to its bow in order to pursue the common goal of offering the best product possible to restaurant and hospitality professionals all over the world so that managerial tasks no longer hinder the customer experience. "We are excited to welcome iKentoo’s entire team and their stellar growth record to the Lightspeed family. We believe their leading POS solution, respected brand name and large customer base of complex SMBs operating in many of our strongest verticals will perfectly complement our product offering and further enhance our growth trajectory." Dax Dasilva, Lightspeed CEO.