E-commerce enabler Shopmatic Pte. Ltd has picked up a controlling stake in retail point-of-sale device provider Octopus. With the merger deal, Shopmatic plans to offer PoS services to its existing customers across verticals such as retail, food and beverage and other e-commerce-focused sectors in the Asia-Pacific region. Both brands will continue to function independently. Octopus offers cloud-based retail management software, and omni-channel sales and customer engagement solutions, to SMEs.