-- The head of Canada’s Lightspeed Commerce Inc. said recent talks about a potential private equity buyout of payments firm Nuvei Corp. have him thinking about whether his company should do the same.Fed’s Powell Ready to Support Job Market, Even If It Means Lingering Inflation
Montreal-based Lightspeed, which makes point-of-sale software used by restaurants and other businesses, went public five years ago at C$16 a share and eventually soared to more than C$155 during the 2021 frenzy for speculative tech stocks. In early February, Lightspeed’s then-CEO, JP Chauvet, hinted about potential acquisitions in a conference call with analysts and said the company had a “tip” toward growth over profitability. Those comments helped send the shares down 24% in one day.Read More: Lightspeed Rises as Dasilva Returns, Promises ProfitabilityBoeing CEO, EU vs. Big Tech, stock futures: 3 Things
WILSONVILLE, Ore., March 25, 2024--ESS Tech, Inc. , a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, today announced that the company’s Energy Center product line has passed rigorous testing and meets the requirements for the highest level of IEEE 693 certification, a widely-accepted seismic rating for energy infrastructure.
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