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> Longer term, we plan to sunset Stitch Lab’s products so the team can focus on building out Square tools

Looks like it was an acqui-hire



> We are still in the early stages of this process, but in the future we also plan to share information on how you can migrate to Square, if you choose to do so.

They have customers that they hope to move to the acquiring company. It's not just about the talent.


That's a really odd statement since Stitch's main feature is multi-channel inventory synchronization and Square doesn't do that at all.


It sounds like they’ll be building tools that do stuff like that on core Square product.




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