Lantronix (NASDAQ: LTRX) shares are nudging higher after the company announced the availability of the beta release of its MACH10™. The multi-dimensional IoT application development and deployment platform simplifies the process for OEMs to deliver web-scale IoT applications. MACH10 allows OEMs to considerably reduce the amount of time spent in developing IoT applications through extensible ready-to-use management applications that can be deployed instantly. “This beta release marks another important milestone as we move towards general availability of MACH10 later this calendar year and accomplishing Lantronix’s mission to deliver easy-to-deploy solutions that enable companies to leverage the benefits of the Internet of Things,” Lantronix president and CEO Jeff Benck stated in the news release.
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Lantronix, Inc. is a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets. The company’s mission is to be the leading supplier of IoT gateways that enable companies to dramatically simplify the creation, deployment, and management of IoT projects while providing secure access to data for applications and people. With more than two decades of experience in creating robust machine to machine (M2M) technologies, Lantronix is an innovator in enabling its customers to build new business models and realize the possibilities of the Internet of Things. The company’s connectivity solutions are deployed inside millions of machines serving a wide range of industries, including data center, medical, security, industrial, transportation, retail, financial, environmental and government. Lantronix is headquartered in Irvine, California. For more information, visit www.lantronix.com.
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