Lantronix, Inc. · NASDAQ:LTRX
Lantronix — Merger or Acquisition (April 2021)
8 slides from Lantronix's merger presentation, Apr 29, 2021
Slide 1: www.lantronix.com
1 www.lantronix.com
Slide 2: Lantronix to Acquire Transition Networks, Net2Edge from Communications Systems, Inc.
2 Lantronix to Acquire Transition Networks, Net2Edge from Communications System, Inc. Bringing scale, efficiencies, and accretion to turnkey IoT solutions providers www.lantronix.com 2 RA4
Slide 3: Forward Looking Statements
2 This presentation contains forward - looking statements, including statements concerning our business and product development plan s and strategies, the perceived benefits of our products and corporate acquisitions, and our future growth and financial performance. Any statement r elating to our pl
Slide 4: Transaction Summary
4 www.lantronix.com Transaction Summary Carve out of broadband connectivity infrastructure equipment (Electronics & Software Business Segment) from CSI (TKR: JCS) • PoE, Network Switches, Media Converters, Network Adapters • $34.5mm in CY 2020, Mid - 40s GMs, Adjusted EBITDA <$1mm $25mm in cash • ~0
Slide 5: Strategic Rationale
5 Strategic Rationale Increased scale and cost efficiencies; Pro - forma combined revenue > $100 million annually Strengthens exposure to Smart Cities, Intelligent Transportation, and Security market verticals Significant synergy potential across COGS, operating expenses, and revenues Immediately ac
Slide 6: Complementary Products, New Verticals, Expertise
6 • Remote Management (NEM, NDM, NIM) • Datacenter / MDF • Branch Office / Unmanned Site • External IoT • Industrial Automation • Logistics • Fleet • Healthcare • Security • Embedded IoT • Edge Connectivity • Edge Computing • RF Mesh / SDRF • Network Infrastructure • Switches • Media Converters • Ad
Slide 7: Product Development Leveraging Each Other's Competencies
7 Product Development Leveraging Each Other’s Competencies www.lantronix.com 7 Cellular Connectivity Open Q, Computing SaaS Switching Gateways Remote Management PoE Service Providers Federal/Municipalities Smart Cities
Slide 8: Financial Efficiencies
8 www.lantronix.com Financial Efficiencies $34.5mm in TTM revenue, bringing combined pro - forma revenue to > $100mm • Complementary product offering brings multiple cross sell opportunities • Adds exposure to key growth verticals: Smart Cities, Smart Buildings, Intelligent Transportation • Increase