Lantronix Accelerates IoT Leadership With Strategic Acquisition Of DZS's NetComm Enterprise IoT Portfolio For $6.5M In Cash Together With Assumptions Of Certain Liabilities
Lantronix Accelerates IoT Leadership With Strategic Acquisition Of DZS's NetComm Enterprise IoT Portfolio For $6.5M In Cash Together With Assumptions Of Certain Liabilities
- Expands Lantronix's IoT Wireless Connect Portfolio With Cutting-Edge 5G Technology
- Strengthens Competitive Offering, Adds New Blue-Chip Customers
- 擴展創力的物聯網無線連接產品組合,擁有尖端5g概念技術
- 增強競爭優勢,新增藍籌客戶
IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd ("NetComm"), a subsidiary of DZS, Inc., all of the assets of its enterprise Internet of Things (IoT) business for $6.5 million in cash together with assumptions of certain liabilities. The acquisition complements Lantronix's focus on the Enterprise and Smart City vertical markets and expands its next-generation 5G capabilities.
加州爾灣,2024年11月07日(全球新聞社)- 創力公司(納斯達克:LTRX),一家物聯網計算和連接解決方案的全球領導者,今天宣佈已與DZS公司子公司NetComm Wireless Pty Ltd("NetComm")簽署了一份明確協議,以現金650萬美元收購其企業物聯網(IoT)業務的所有資產,並承擔了某些負債的假設。此次收購補充了創力對企業和智慧城市垂直市場的關注,並拓展了其新一代5g概念能力。
譯文內容由第三人軟體翻譯。