Lantronix to buy Vecima IIoT assets for about $11.5 million

Deal adds Nero Global Tracking, about $5.3 million in revenue, $4.5 million in ARR and roughly 125,000 asset tags under management as Lantronix pushes deeper into recurring-revenue industrial IoT.

CORE

Summary

verifying reliability

Terms & Concepts

No specialized terms available for this topic.