First Data and Salesforce Ventures are set to exit the digital commerce technology provider after it agreed to be purchased for $440m in cash and stock.

Digital commerce software provider Lightspeed POS has agreed to buy US-headquartered point-of-sale technology producer ShopKeep in a $440m deal that will allow corporates Salesforce and First Data to exit. The transaction will consist of about $145m in cash and the remainder in the form of about 9.5 million Lightspeed shares. RBC Capital Markets advised Lightspeed…

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