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Lantronix Enters Into Cooperation Agreement With Investor Group Led by Chain of Lakes Investment Fund LLC
Globenewswire· 2025-06-30 11:00
Core Viewpoint - Lantronix Inc. has entered into a cooperation agreement with Chain of Lakes Investment Fund LLC and other stockholders, leading to the appointment of Jim Auker to the Board of Directors, aimed at enhancing shareholder value [1][2]. Company Overview - Lantronix Inc. is a global leader in compute and connectivity IoT solutions, focusing on high-growth industries such as Smart Cities, Automotive, and Enterprise [3]. - The company's offerings include Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance, along with advanced Out-of-Band Management for Cloud and Edge Computing [3]. Strategic Developments - The cooperation agreement reflects Lantronix's commitment to maximizing shareholder value and includes customary standstill and voting commitments from Chain of Lakes and its representatives [2]. - The appointment of Jim Auker is expected to provide valuable insights and guidance as the company continues to pursue its strategic priorities [2].
Lantronix Named the 2025 Industrial IoT Company of the Year by Leading Market Research Firm CompassIntel
Globenewswire· 2025-06-24 11:00
Core Insights - Lantronix Inc. has been awarded the 2025 Industrial IoT Company of the Year by CompassIntel, recognizing its leadership and innovation in the IoT sector [1][2][3] Company Overview - Lantronix is a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [5] - The company provides customizable solutions that enable AI Edge Intelligence, including Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance [5] Industry Recognition - The CompassIntel Awards celebrate companies that demonstrate innovation, leadership, and excellence in the mobile, IoT, business tech, and emergency technology industries [2] - Winners are selected by a panel of industry experts, including press, editors, and analysts [2] Leadership Statements - The CEO of Lantronix expressed honor in receiving the award and emphasized the company's commitment to innovation and customer success through advanced IoT technologies [3] - The partnership with Qualcomm and other industry leaders is highlighted as a key factor in delivering groundbreaking IoT solutions [3]
Visteon (VC) 2025 Conference Transcript
2025-06-12 14:00
Visteon (VC) 2025 Conference June 12, 2025 09:00 AM ET Speaker0 Good morning, everyone. My name is Edison Yu. I lead the US Auto's Equity Research here. We have the pleasure of welcoming Visteon, Jerome Roquet, CFO to the conference. Just to provide a little bit of context, Visteon is a global leading tier one supplier of vehicle cockpit solutions ranging from instrument clusters to displays to main controllers. For those of you who are not as familiar, Visteon generated nearly $3,900,000,000 in sales last ...
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]