AcquisitionsLantronix announced its intent to acquire all of the assets of NetComm Wireless’s enterprise Internet of Things (IoT) business, which expands the company’s portfolio and is expected to be immediately accretive to EPS.
LeadershipLantronix appointed Mr. Awsare as President and CEO, who has extensive experience in transitioning divisions to the IoT and enterprise markets.
PartnershipsThere is a deep partnership with Qualcomm, which is beneficial for Lantronix.