Vecima Networks Sells Telematics Business to Lantronix for C$16.5M

Vecima Networks has agreed to sell its Telematics business, including Nero Global Tracking software, to Lantronix in an all-cash deal valued at approximately C$16.5 million CAD. The transaction is expected to provide immediate liquidity and strategic focus for Vecima.

By Nivedita Hazra, SA News Editor · Seeking Alpha · July 7, 2026, 20:46 UTC

Vecima Networks Sells Telematics Business to Lantronix for C$16.5M

Topics: M&A Technology Telematics

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