Lantronix Acquires Maestro and FALCOM Holdings Limited
Lantronix, Inc. (LTRX)
Last lantronix, inc. earnings: 2/12 04:30 pm
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Source: GlobeNewswire
IRVINE, Calif., July 08, 2019 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced that it acquired all of the business of Maestro & FALCOM Holdings Limited (Maestro), a leading supplier of wireless IoT products, by acquiring 100% of the issued share capital of each of its operating subsidiaries, Maestro Wireless Solutions Limited and Fargo Telecom Asia Limited for $4.9 million in cash, subject to customary purchase price adjustments. Maestro is a leader in wireless IoT with a strong focus on cellular connectivity. Maestro designs, manufactures, and sells state of the art Global Navigation Satellite System (GNSS) receivers, trackers, modems, routers, and gateways ideally suited to numerous M2M and IoT applications, including industrial automation and Supervisory Control And Data Acquisition (SCADA), energy and metering, tracking and automotiv
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LTRX
Earnings
- 11/7/24 - Beat
LTRX
Sec Filings
- 12/3/24 - Form 4
- 11/29/24 - Form 4
- 11/18/24 - Form 4
- LTRX's page on the SEC website