
Thu Sep 26 15:00:49 UTC 2024: ## Lightspeed Commerce Announces Strategic Review, Sparking Sale Speculation
**Montreal, Canada** – Lightspeed Commerce Inc., a leading payments technology company, has announced it is conducting a strategic review of its business and operations. The review, which includes exploring potential strategic alternatives, comes following reports of a possible transaction involving the company.
While Lightspeed states that the review is part of its regular process to maximize its potential, investors often view such reviews as a precursor to a sale.
Lightspeed founder and CEO Dax Dasilva, who returned to the role earlier this year, has been working to return the company to profitability. The company’s board of directors has assured stakeholders that they are committed to acting in the best interests of Lightspeed.
The news has sent ripples through the market, with investors closely watching for developments in the strategic review.