16 Mar 2021

Business commentator Rebecca Stevenson

From Nine To Noon, 11:13 am on 16 March 2021

Is it the sale of the century?

Kiwi retail software company Vend has been sold to its long-time friend and competitor, Lightspeed, for $480 million after being courted by a long list of suitors.

And the NZ tech sector appears to be in fine fettle on the strength of these sales but it does beg the question - why wouldn't they list on the NZX?

NZX in Auckland.

Photo: 123RF

Rebecca Stevenson is BusinessDesk's head of news.