Lantronix Adds High-Margin ARR and Expands Critical Infrastructure Monitoring Platform with Acquisition of Vecima Networks’ Industrial IoT Business
Acquisition adds $5.3 million of total revenue, including $4.5 million of annual recurring revenue (ARR) and approximately 125,000 asset tags under management with gross margins in the high-60% range
Acquisition adds $5.3 million of total revenue, including $4.5 million of annual recurring revenue (ARR) and approximately 125,000 asset tags under management with gross margins in the high-60% range… [+10850 chars]