$LTRX On November 3 Lantronix announced acquired 2.47% of Telit. #neutral
Robert Sheridan 08:11 AM 11/03/2020
$LTRX Telit finally confirms acquisition talks but not from Chinese!
Telit got and rejected a proposal from Lantronix Inc. (US IoT public company) and is in discussions about a possible offer with DBAY Advisors Limited, ("DBAY"). Telit is also continuing discussions with Lantronix. The consideration for any offer, if made, is likely to be Lantronix shares. #bearish for Lantronix
Max Carey 03:47 PM 11/17/2019
$LTRX the company showed no growth in the last years with zero or negative ROE in a booming segment like IoT. So they put M&A as a strategic focus. This is especially bad idea in the electronic engineering space where integrations of companies is hard. That's a bad sign #bearish.
Lantronix, Inc. designs, develops, and markets network device servers. The Company's servers enable electronic devices to be accessed, managed, controlled, reprogrammed, and configured or reconfigured over the Internet or other networks using standard protocols for connectivity, including fiber optic, Ethernet, and wireless.