Xero Limited to acquire LOCATE Inventory for $19 million
WELLINGTON, NEW ZEALAND: Xero Limited is acquiring LOCATE Inventory or LOCATE (the trading name of New Tack Inc), a US cloud-based inventory management provider, to better support the inventory needs of small business and enhance its ecommerce capability. The acquisition will embed LOCATE’s inventory and ecommerce talent and capability within Xero to enhance Xero’s inventory…