Lantronix Completes Acquisition of Intrinsyc Expanding its IoT Value Proposition
February 03, 2020
News
Lantronix, a provider of secure data access and management solutions for the industrial Internet of Things, announced that it has completed the acquisition of all outstanding shares of Intrinsyc.
Lantronix (NASDAQ: LTRX), a provider of secure data access and management solutions for the industrial Internet of Things (IoT), announced that it has completed the acquisition of all outstanding shares of Intrinsyc Technologies Corporation, a provider of solutions for the development of embedded and IoT products.
Immediately following the transaction, Intrinsyc shareholders will own approximately 15.5% of the outstanding shares of common stock of Lantronix.
For more information, visit www.lantronix.com.
Perry Cohen, associate editor for Embedded Computing Design, is responsible for web content editing and creation, podcast production, and social media efforts. Perry has been published on both local and national news platforms including KTAR.com (Phoenix), ArizonaSports.com (Phoenix), AZFamily.com, Cronkite News, and MLB/MiLB among others. Perry received a BA in Journalism from the Walter Cronkite School of Journalism and Mass Communications at Arizona State university.
