Digi International Acquires Disruptive Technologies to Expand SmartSense IoT Reach
5 Articles
5 Articles
Digi International Acquires Disruptive Technologies to Expand SmartSense IoT Reach
Digi International (NASDAQ:DGII) said it has agreed to acquire Oslo, Norway-based wireless sensing company Disruptive Technologies, a transaction the company expects to close following regulatory approval before the end of calendar 2026. Chief Executive Officer Ron Konezny said Disruptive Technolog
Digi International to Acquire Disruptive Technologies for $130 Million, Entering Europe - Channelchek
Digi International (Nasdaq: DGII), a global provider of IoT connectivity products and solutions, announced Thursday it has signed a definitive agreement to acquire Disruptive Technologies, a sensing technology company, for $130 million in cash. The deal will be funded through Digi’s existing revolving credit facility, which the company expanded to $350 million in borrowing capacity just last month. The transaction is expected to close before the…
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