Lantronix Expands Family Of M110 Mobility Solutions With New M114 CAT-1BIS Modem
Portfolio Pulse from Benzinga Newsdesk
Lantronix has introduced the M114 CAT-1BIS modem, expanding its M110 Mobility Solutions. This new modem, available in EMEA markets, features Lantronix's Percepxion IoT software for secure device lifecycle management at the edge.
March 20, 2024 | 8:04 am
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Lantronix's launch of the M114 CAT-1BIS modem could enhance its product lineup, potentially increasing its market share in IoT solutions.
The introduction of the M114 CAT-1BIS modem by Lantronix, equipped with advanced IoT software, positions the company to capitalize on the growing demand for secure and comprehensive IoT solutions. This could lead to increased sales and market share in the IoT sector, positively impacting LTRX's stock in the short term.
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