Vecima to sell Telematics business to Lantronix for about C$16.5M
Seeking Alpha ·
Vecima Networks ( VCM:CA ) said on Tuesday that it will sell the assets of its Telematics mobile and fixed-asset tracking segment, including its Nero Global Tracking software, to Lantronix ( LTRX ) in an all-cash transaction worth C$16.5M.
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