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Stock impact report

Lantronix Expands European Distribution Footprint Through Strategic Partnership With Melchioni Electronics [Yahoo! Finance]

Lantronix, Inc. (LTRX) 
Last lantronix, inc. earnings: 2/12 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: lantronix.com/investor-relations
Company Research Source: Yahoo! Finance
Nasdaq: LTRX , a global leader in compute and connectivity IoT solutions powering Edge AI applications, today announced a strategic distribution partnership with Melchioni Electronics, a Milan-based technology distributor serving the European region. This agreement strengthens Lantronix's go-to-market strategy across Europe and is expected to accelerate regional revenue growth by expanding access to its IoT and Edge AI portfolio. Under the distribution agreement, Melchioni Electronics will distribute Lantronix's IoT and Edge AI product solutions while providing localized technical and sales support across key European markets, including Italy, Spain, Germany, France, Slovenia and Greece. The partnership leverages Melchioni's established regional presence, multi-country infrastructure and long-standing customer relationships to broaden Lantronix's market penetration. “The partnership with Melchioni Electronics enhances Lantronix's ability to efficiently scale in Europe by leveragin Show less Read more
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