{"id":110994,"date":"2020-11-03T12:21:16","date_gmt":"2020-11-03T12:21:16","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=300882"},"modified":"2020-11-03T12:21:16","modified_gmt":"2020-11-03T12:21:16","slug":"telit-courted-by-dbay-advisors-lantronix","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/11\/03\/telit-courted-by-dbay-advisors-lantronix\/","title":{"rendered":"Telit courted by DBay Advisors, Lantronix"},"content":{"rendered":"

<\/p>\n

\tIoT company Telit Communications looked to have become a takeover target, attracting interest from two companies for possible deals which could boost its play in the connected devices sphere.<\/p>\n

Following media speculation, Telit announced it received a preliminary approach by asset management company DBay Advisors regarding a potential offer.<\/p>\n

Hardware company Lantronix also made an approach and while this initial move was rejected by Telit’s board, it said discussions regarding a transaction more in the interests of its shareholders were ongoing.<\/p>\n

Telit explained a deal involving Lantronix shares would be a key factor in any agreement.<\/p>\n

But it also emphasised there was no certainty either suitor would make an offer: it set a deadline for initial indications of 1 December.<\/p>\n

The company claims it empowers \u201chundreds of millions of connected things” by providing wireless connectivity modules, software platforms and global IoT connectivity services.<\/p>\n\n

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IoT company Telit Communications looked to have become a takeover target, attracting interest from two …<\/p>\n

The post Telit courted by DBay Advisors, Lantronix<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":211,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Telit courted by DBay Advisors, Lantronix - ITTeacherITFreelance.hk","description":"IoT company Telit Communications looked to have become a takeover target, attracting interest from two ... The post Telit courted by DBay Advisors, Lantronix ap"},"footnotes":""},"categories":[11,8],"tags":[6140],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/110994"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=110994"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/110994\/revisions"}],"predecessor-version":[{"id":110995,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/110994\/revisions\/110995"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=110994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=110994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=110994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}