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Founded in 1989 by two entrepreneurs, Lantronix's first product was a terminal server that allowed a number of serial terminals to connect to a host computer using an Ethernet network. This product was a small application-specific computer, running its own specialized real-time operating system and performing the sole task of encapsulating serial data in Ethernet frames and managing communications. The Terminal Server was based on a concept now known as "thin server" technology, due to its lack of traditional overhead or "fat" found in PCs such as file systems management, graphical user interfaces and other functions. Since the development of our first terminal server, Lantronix has continually refined the technology of connecting devices to networks. Building on the success of our terminal servers, we introduced a complete line of print servers which allowed users to share expensive laser printers and plotters over the network. Soon afterwards, we introduced the revolutionary Device Server. Unlike application specific servers such as print, video or email servers, Lantronix's Device Servers allowed nearly any device with serial communications capability to communicate over a network. This empowered millions of previously isolated intelligent devices to leverage their serial interfaces and communicate over networks using proven network protocols without modification. Now devices such as heating systems, security cameras, sensors, telephone equipment and traffic lights (to name just a few) could benefit from remote management and network communications. In fourth quarter of 1998, Lantronix acquired one of Europe's largest suppliers of industrial application thin servers. This acquisition cemented Lantronix's leadership in the rapidly expanding factory automation market, bringing network capabilities to instruments, sensors and control systems in manufacturing plants. ========================================= The above from the company website lantronix.com CEO: Frederick G. Thiel CFO: Steven V. Cotton Filed on: 5/19/00 Lead Underwriter ROBERTSON STEPHENS INC (FLEETBOSTON ROBERTSON STEPHENS) Est. Offering Amount 144000000 | ||||||||||||||
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