Latest news with #NetCommWireless
Yahoo
02-08-2025
- Business
- Yahoo
Lantronix Launches New NTC-500 Series 5G Industrial Router
Lantronix Inc. (NASDAQ:LTRX) is one of the tech stocks to buy according to analysts. On July 17, Lantronix introduced its new NTC-500 Series, which is a rugged industrial-grade 5G wireless router. The series transforms enterprise mobility and connectivity through an affordable solution that reduces the need for costly Ethernet infrastructure, saving thousands of dollars per drop, while providing high-speed and low-latency performance comparable to wired networks. The launch of the NTC-500 Series is a direct result of Lantronix's acquisition of NetComm Wireless, which was finalized on December 26 last year, for $6.5 million in cash. The NTC-500 Series is designed to address key pain points in industrial connectivity, such as high deployment costs, lengthy installation timelines, limited mobility, and the need to support a high density of connected endpoints. A robotic arm holding a semiconductor chip, emphasizing the precision and quality of the company's production equipment. Its flexible and future-ready design is expected to open new revenue streams across private 5G, edge computing, and industrial automation markets, supporting various use cases and reducing total cost of ownership. The router is globally approved and carrier-certified, supporting private-5G readiness with bands like n48-CBRS, n77, and n78, which enables the rapid digitization of previously stranded or mobile assets. Lantronix Inc. (NASDAQ:LTRX) develops, markets, and sells industrial and enterprise IoT products and services internationally. While we acknowledge the potential of LTRX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
AU Financial Review
30-05-2025
- Business
- AU Financial Review
Canadian billionaire latest saviour of fallen Aussie tech pioneer
It's the 43-year-old tech stalwart that just won't die. NetComm Wireless, the company behind Australia's first dial-up modem, has been saved again, this time by a Canadian billionaire who's plucked it out of its second stint in administration in five years. NetComm was headed for the scrapheap after its Nasdaq-listed owner, DZS, filed for bankruptcy in March, less than a year after buying it. The Texas-based DZS bought it for $US7 million from another defunct technology business, Casa Systems – which also went bankrupt – at a $US150 million discount.
