Lantronix Completes Strategic Buyout of DZS NetComm IoT Portfolio
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Lantronix (LTRX) has completed its acquisition of the DZS NetComm IoT portfolio, which will enhance its 5G capabilities, expand its market reach, and improve its enterprise IoT solutions globally.
December 27, 2024 | 4:00 pm
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Lantronix has completed its acquisition of the DZS NetComm IoT portfolio, enhancing its 5G capabilities and expanding its market reach, which could positively impact its stock price.
The acquisition of the DZS NetComm IoT portfolio is a strategic move for Lantronix, enhancing its 5G capabilities and expanding its market reach. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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