Lightspeed to Purchase Digital-Commerce Businesses Ecwid and NuORDER

By Michael Dabaie


Lightspeed POS Inc. said Monday it would acquire two electronic commerce companies, Ecwid and NuORDER.

Lightspeed, a service provider of a commerce platform for retailers mentioned it would purchase Ecwid, a U.S.-primarily based worldwide e-commerce platform that allows clients to produce standalone corporations, for total estimated thought of about $500 million, with a payment on closing of about $175 million in cash and issuance of subordinate voting shares valued at about $325 million.

The offer for NuORDER, a electronic platform connecting enterprises and suppliers, has a total estimated consideration of about $425 million, with a payment on

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