M&A Deal Summary

Lantronix Acquires NetComm Wireless

On November 7, 2024, Lantronix acquired communications company NetComm Wireless from DZS for 7M USD

Acquisition Highlights
  • This is Lantronix’s 1st transaction in the Communications sector.
  • This is Lantronix’s 4th largest (disclosed) transaction.
  • This is Lantronix’s 1st transaction in Australia.

M&A Deal Summary
Date 2024-11-07
Target NetComm Wireless
Sector Communications
Buyer(s) Lantronix
Sellers(s) DZS
Deal Type Divestiture
Deal Value 7M USD

Target

NetComm Wireless

Sydney, Australia
NetComm Wireless is a broadband networking innovator in the 5G fixed wireless, home broadband, fiber-extension, and IoT technology domains. NetComm Wireless was founded in 1982 and is based in Sydney, Australia.

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Buyer(S) 1

Buyer

Lantronix

Irvine, California, United States
Category Company
Founded 1989
Sector Information Technology
Employees357
Revenue 131M USD (2023)
DESCRIPTION

Lantronix is a provider of secure data access and management solutions for the Internet of Things (IoT) assets. Lantronix is a leading supplier of IoT solutions that enable companies to dramatically simplify the creation, deployment, and management of IoT projects. Lantronix was founded in 1989 and is based in Irvine, California.

DEAL STATS #
Overall 4 of 4
Sector (Communications) 1 of 1
Type (Divestiture) 2 of 2
Country (Australia) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-12 Uplogix

Irving, California, United States

Uplogix provides a fully-integrated remote management solution. Uplogix's co-located management appliances automate routine administration, maintenance, and recovery tasks securely and regardless of network availability. Uplogix was founded in 2003 and is based in Irving, California.

Buy $8M

Seller(S) 1

SELLER

DZS

Plano, Texas, United States
Category Company
Founded 1996
Sector Technology Hardware
Employees765
Revenue 376M USD (2022)
DESCRIPTION

DZS designs and manufactures network equipment for telephone companies and cable operators worldwide to deliver a rich array of voice, data, video, and entertainment services. DZS was incorporated in 1996 and is based in Plano, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 2 of 2
Country (Australia) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-06 NetComm Wireless

Sydney, Australia

NetComm Wireless is a broadband networking innovator in the 5G fixed wireless, home broadband, fiber-extension, and IoT technology domains. NetComm Wireless was founded in 1982 and is based in Sydney, Australia.

Buy -
Mergr

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