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 Transaction increases Lantronix’s Software & Services mix to more than 10% of total company revenue IRVINE, Calif., July 07, 2026 (GLOBE NEWSWIRE) — Lantronix Inc. (Nasdaq: […]