M&A Deal Summary

Lantronix Acquires Uplogix

On September 12, 2022, Lantronix acquired technology hardware company Uplogix for 8M USD

Acquisition Highlights
  • This is Lantronix’s 3rd transaction in the Technology Hardware sector.
  • This is Lantronix’s 3rd largest (disclosed) transaction.
  • This is Lantronix’s 2nd transaction in the United States.
  • This is Lantronix’s 1st transaction in California.

M&A Deal Summary

Date 2022-09-12
Target Uplogix
Sector Technology Hardware
Buyer(s) Lantronix
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

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.

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Buyer(S) 1

Buyer

Lantronix

Irvine, California, United States

Category Company
Founded 1989
Sector Information Technology
Employees367
Revenue 160M USD (2024)
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 3 of 4
Sector: Technology Hardware M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 Communications Systems - Transition Networks & Net2Edge Businesses

Minnetonka, Minnesota, United States

Transition Networks help companies advance their networks by providing built-to-perform hybrid fiber/copper network integration solutions that increase bandwidth, extend the distance, improve security and simplify management of networks. Net2Edge provides each organization the ability to focus on its respective core development and marketing activities.

Buy $32M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-07 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 $7M