Lantronix Expands Partnership With TD SYNNEX to Distribute Its Out-of-Band, Network Infrastructure and Industrial IoT Solutions Throughout Europe
Lantronix (NASDAQ: LTRX) has expanded its partnership with TD SYNNEX (NYSE:SNX) to distribute its out-of-band, network infrastructure and Industrial IoT solutions across Europe. This expansion builds upon their existing successful distribution relationship in North America.
The strategic move aims to increase Lantronix's market presence in Europe by providing local-market access to their advanced solutions through TD SYNNEX's specialized AI, IoT, and Integration/Automation go-to-market channels. The partnership will enable mutual customers and channel partners to access Lantronix's product portfolio through a single-source distributor globally.
Lantronix (NASDAQ: LTRX) ha ampliato la sua partnership con TD SYNNEX (NYSE:SNX) per distribuire le sue soluzioni di out-of-band, infrastruttura di rete e Industrial IoT in tutta Europa. Questa espansione si basa sulla loro già consolidata relazione di distribuzione di successo in Nord America.
La mossa strategica mira ad aumentare la presenza di Lantronix nel mercato europeo, fornendo accesso locale alle loro soluzioni avanzate attraverso i canali specializzati in AI, IoT e Integrazione/Automazione di TD SYNNEX. La partnership consentirà ai clienti e ai partner di canale di accedere al portafoglio prodotti di Lantronix tramite un distributore unico a livello globale.
Lantronix (NASDAQ: LTRX) ha ampliado su asociación con TD SYNNEX (NYSE:SNX) para distribuir sus soluciones de out-of-band, infraestructura de red e Industrial IoT en toda Europa. Esta expansión se basa en su exitosa relación de distribución existente en América del Norte.
El movimiento estratégico tiene como objetivo aumentar la presencia de Lantronix en el mercado europeo al proporcionar acceso local a sus soluciones avanzadas a través de los canales de comercialización especializados en IA, IoT e Integración/Automatización de TD SYNNEX. La asociación permitirá a los clientes y socios de canal acceder al portafolio de productos de Lantronix a través de un distribuidor único a nivel mundial.
란트로닉스 (NASDAQ: LTRX)는 TD SYNNEX (NYSE:SNX)와의 파트너십을 확대하여 유럽 전역에 아웃오브밴드, 네트워크 인프라 및 산업 IoT 솔루션을 배포합니다. 이 확장은 북미에서의 성공적인 배급 관계를 기반으로 하고 있습니다.
이 전략적 조치는 TD SYNNEX의 AI, IoT 및 통합/자동화 전문 마케팅 채널을 통해 고급 솔루션에 대한 현지 시장 접근을 제공함으로써 란트로닉스의 유럽 내 시장 존재감을 증가시키는 것을 목표로 합니다. 이 파트너십은 상호 고객과 채널 파트너가 전 세계적으로 단일 소스 유통업체를 통해 란트로닉스의 제품 포트폴리오에 접근할 수 있도록 합니다.
Lantronix (NASDAQ: LTRX) a élargi son partenariat avec TD SYNNEX (NYSE:SNX) pour distribuer ses solutions d'out-of-band, d'infrastructure réseau et d'IoT industriel à travers l'Europe. Cette expansion s'appuie sur leur relation de distribution réussie existante en Amérique du Nord.
Ce mouvement stratégique vise à accroître la présence de Lantronix sur le marché européen en fournissant un accès local à leurs solutions avancées via les canaux de commercialisation spécialisés en IA, IoT et intégration/automatisation de TD SYNNEX. Le partenariat permettra aux clients et partenaires de canal d'accéder au portefeuille de produits de Lantronix via un distributeur unique à l'échelle mondiale.
Lantronix (NASDAQ: LTRX) hat seine Partnerschaft mit TD SYNNEX (NYSE:SNX) erweitert, um seine Out-of-Band-, Netzwerk-Infrastruktur- und Industrial IoT-Lösungen in ganz Europa zu vertreiben. Diese Expansion baut auf ihrer bestehenden erfolgreichen Vertriebsbeziehung in Nordamerika auf.
Der strategische Schritt zielt darauf ab, die Marktpräsenz von Lantronix in Europa zu erhöhen, indem über die spezialisierten AI-, IoT- und Integrations-/Automatisierungskanäle von TD SYNNEX Zugang zu ihren fortschrittlichen Lösungen auf dem lokalen Markt bereitgestellt wird. Die Partnerschaft ermöglicht es gemeinsamen Kunden und Vertriebspartnern, über einen einzigen globalen Distributor auf das Produktportfolio von Lantronix zuzugreifen.
- Expansion into European market through established distributor
- Leverages existing successful North American partnership
- Access to TD SYNNEX's specialized AI and IoT distribution channels
- Enhanced global distribution capabilities through single-source provider
- None.
IRVINE, Calif., March 19, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, today announced it has expanded its partnership with TD SYNNEX (NYSE:SNX), a leading global distributor and solutions aggregator for the IT ecosystem. An established major distributor for Lantronix in North America, TD SYNNEX will now distribute Lantronix’s out-of-band, network infrastructure and Industrial Internet of Things (IIoT) throughout Europe, bringing expanded support to Lantronix’s global customers and channel partners.
“Designed to increase Lantronix’s market presence in Europe, the expanded relationship with TD SYNNEX provides our mutual customers and channel partners with local-market access to Lantronix’s advanced out-of-band, network infrastructure and industrial IoT solutions,” said Kurt Hoff, VP of Global Sales & Marketing at Lantronix. “We are very excited about the anticipated market growth from this expanded partnership as our solutions are an excellent fit with TD SYNNEX’s specialized AI, IoT and Integration/Automation go-to-market.”
“We are delighted to expand our partnership with market leader Lantronix. Backed by the proven success of our long-term relationship in North America, this expanded relationship brings the benefits of Lantronix’s proven products to our European customers and channel partners with the added benefit of a single-source distributor for our mutual global customers,” said Craig Smith, VP of Data, AI and Business Applications at TD SYNNEX.
About TD SYNNEX
TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.tdsynnex.com.
About Lantronix
Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.
For more information, visit the Lantronix website.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.
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