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    VCM — Vecima Networks News Story

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    Brief: Lantronix To Buy Vecima Networks' Industrial IoT Business, Including Nero Global Tracking

    Picture of Vecima Networks logoVecima Networks
    07/07/2026 21:33
    BRIEF-Lantronix To Buy Vecima Networks' Industrial IoT Business, Including Nero Global Tracking
    July 7 (Reuters) - Lantronix Inc LTRX.O:
    • ADDS HIGH-MARGIN ARR AND EXPANDS CRITICAL INFRASTRUCTURE MONITORING PLATFORM WITH ACQUISITION OF VECIMA NETWORKS’ INDUSTRIAL IOT BUSINESS
    • TO BUY VECIMA NETWORKS' INDUSTRIAL IOT BUSINESS INCLUDING NERO GLOBAL TRACKING
    • ACQUISITION ADDS $5.3 MILLION REVENUE, $4.5 MILLION ARR, 125,000 ASSET TAGS UNDER MANAGEMENT
    • TOTAL CONSIDERATION FOR ACQUISITION ABOUT $11.5 MILLION EXCLUDING WORKING CAPITAL AND ADJUSTMENTS
    Source text: ID:nGNXbk9x7S
    Further company coverage: LTRX.OVCM.TO

     ((Reutersbriefs@thomsonreuters.com;))

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