Lightspeed POS, an omnichannel point of sale platform, agreed to acquire Kounta Holdings, a cloud-based POS solutions provider to small and medium-sized businesses operating within the hospitality industry, for up to $46m. "Kounta's impressive track record is thanks to its team, and we are excited to welcome them into the Lightspeed family. When smart minds collaborate, our merchants are the main beneficiaries of the resulting innovation, ultimately enabling SMBs around the world to reach their full potential through our technology," Dax Dasilva, Founder and CEO of Lightspeed.