SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), today announced that its Board of Directors has authorized the Company to seek stockholder approval to effect a reverse stock split of Echelon’s common stock. The reverse stock split, which is currently anticipated to be in a 1-for-10 ratio, will be submitted to stockholders at a special meeting of Echelon’s stockholders. An affirma
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