LightSpeed Retail Inc. of Montreal, a provider of cloud-based software for retailers, has acquired Olympia, Wash.-based rival MerchantOS for an undisclosed price.

The deal provides a boost to LightSpeed’s retail management platform and expands the company’s customer base by more than 2,400 locations. The company’s point-of-sale services are now used in roughly 15,000 store locations.

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