NetSuite Nabs POS Company Retail Anywhere

NetSuite has acquired point-of-sale specialist Retail Anywhere for an undisclosed amount, according to All Things D. NetSuite and Retail Anywhere have around 30 joint customers.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Zach Nelson, CEO of NetSuite, said that the Retail Anywhere acquisition will help NetSuite to exit the POS hardware business. Instead, his company will focus on mPOS terminals more relevant to today’s retail environment.

    “More and more, you’re seeing sales reps walking around stores with iPads, swiping credit cards,” he said.

    Read the full story here.