DGII - Mergers and acquisitions

Digi International Inc. ("Digi") (NASDAQ:DGII), a leading global provider of business and mission-critical Internet of Things (IoT) products, services and solutions, today announced its acquisition of Particle Industries, Inc. ("Particle"), a leading provider of edge-to-cloud application infrastructure for intelligent devices. Through their subscription model, Particle enables companies to deliver customer value with easy to deploy intelligent connected products at scale. The acquisition not only transforms the capabilities of Digi's OEM Solution's product offerings; it also greatly enhances the recurring revenue profile of Digi's IoT Products and Services reporting segment. Particle will

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International (NASDAQ: DGII) (www.digi.com), a leading global provider of Internet of Things (IoT) connectivity products and services, today announced that it has acquired Dallas-based Haxiot, an industry leader in end-to-end LoRaWAN®-based solutions. Terms of the acquisition were not immediately disclosed. Founded in 2015, Haxiot is a leading provider of low power wide area (LPWA) wireless technology and has an extensive LoRaWAN product portfolio that includes high performance client modules, intelligent industrial devices, gateways and the highly scalable X-ON cloud IoT platform. Haxiot’s fully integrated systems provide a seamless deployme