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Lantronix Appoints Sailesh Chittipeddi to Its Board of Directors
Globenewswire· 2025-05-12 20:05
Core Viewpoint - Lantronix Inc. has appointed Dr. Sailesh Chittipeddi as an independent director to its Board of Directors, effective May 6, 2025, enhancing the board's expertise in technology and supply chain management [1][2]. Company Overview - Lantronix Inc. is a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [8]. - The company provides customizable solutions that enable AI Edge Intelligence, including Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance [8]. Board Appointment Details - Dr. Chittipeddi's appointment increases the board to five directors, with four being independent under Nasdaq listing standards [1]. - He brings extensive experience in Industrial, IoT, and Infrastructure businesses, having previously served as executive vice president of Global Operations at Renesas Electronics [2][5]. - His leadership at Renesas resulted in nearly doubling the revenue of its Industrial, IoT, and Infrastructure Business Unit to over $7 billion [5]. Dr. Chittipeddi's Background - Dr. Chittipeddi has held senior positions at various leading technology companies, including Conexant Systems, AT&T Bell Labs, and Lucent Technologies [6]. - He is currently a Venture Partner at Novo Tellus Capital Partners and serves on the boards of several global companies [2][6]. - He holds an MBA from the University of Texas at Austin and a Ph.D. in Physics from The Ohio State University, along with 83 U.S. semiconductor process, package, and design patents [7].
Lantronix to Report Fiscal 2025 Third Quarter Results on May 8, 2025
Globenewswire· 2025-05-01 11:00
Core Viewpoint - Lantronix Inc. is set to release its financial results for the fiscal 2025 third quarter on May 8, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will cover the period ended March 31, 2025 [1] - An investor conference call and audio webcast will be held on May 8, 2025, at 1:30 p.m. Pacific Time [2] - Investors can access a replay of the conference call starting at approximately 8:00 p.m. Pacific Time on the same day [3] Group 2: Company Overview - Lantronix Inc. is recognized as a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [4] - The company's offerings include customizable solutions that enable AI Edge Intelligence, with advanced products like Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance [4]