By Rowan Oulton , a New Zealander based in San Francisco.
Yesterday, Lightspeed announced their acquisition of New Zealand startup Vend for about NZ$500 million:
Lightspeed will acquire Vend for total estimated consideration of approximately $350 million, satisfied by way of payment on closing of approximately $192.5 million in cash and the issuance of subordinate voting shares in the capital of Lightspeed valued at approximately $157.5 million.