Lanex, LLC Divestiture
This announcement appears as a matter of record only
Lanex, LLC
has been sold to
Loronix Information Systems, Inc.
The undersigned initiated the transaction, acted as financial advisor to, and assisted with the negotiations as representative of Lanex, LLC.
a member of
Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered broker dealer and member FINRA/SIPC.
Engaged by the principal shareholders of Lanex, LLC to sell the company. Lanex, a manufacturer of digital video security and surveillance products, was sold to Loronix Information Systems, Inc., a wholly owned subsidiary of Verint Systems (a Comverse Technology company, NASDAQ:CMVT).