Digi International#DigiMesh
{{Infobox company
| name = Digi International, Inc.
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| type = Public
| traded_as = {{NASDAQ|DGII}}
S&P 600 component
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| foundation = {{Start date and age|1985}}
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| location_city = Hopkins, Minnesota
| location_country = United States
| locations = United States, Canada, Australia, Germany, Spain, UK, Singapore, China, Japan
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| industry = Industrial Internet of Things (IIoT)
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| revenue = {{decrease}} US$424 million (2024)
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| num_employees = 550
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| website = {{URL|digi.com}}
}}
Digi International, Inc. is an American Industrial Internet of Things (IIoT) technology company based in Hopkins, Minnesota.{{Cite web |last=Williams |first=Nick |date=2021-11-03 |title=Hopkins-based Digi International makes $347M acquisition to bolster IoT business |url=https://www.startribune.com/hopkins-based-digi-international-makes-347m-acquisition-to-bolster-iot-business/600112705 |access-date=2025-05-14 |website=www.startribune.com |language=en}}
History
The company was founded in 1985{{Cite web |date=2021-11-04 |title=Digi International Inks $347M Deal to Buy Networking Services Firm |url=https://tcbmag.com/digi-international-inks-347m-deal-to-buy-networking-services-firm/ |access-date=2024-08-05 |website=Twin Cities Business |language=en-US}} and went public as Digi International in 1989.{{Cite web |last=Krause |first=Reinhardt |date=9 December 2022 |title=How Digi International Used Acquisitions To Become A Player In The Internet Of Things |url=https://www.investors.com/research/the-new-america/dgii-stock-how-digi-became-a-player-in-internet-of-things/ |access-date=24 March 2025 |website=Investor's Business Daily}}
The company initially offered intelligent ISA/PCI boards (the 'DigiBoard') with multiple asynchronous serial interfaces for PCs.
Today, multiport serial boards are still sold, but the company focuses on embedded and external network (wired and wireless) communications, scalable USB products, radio modems and embedded modules based on LTE (4G) communications platforms.{{Citation needed|date=June 2025}}
= Patents =
Digi International settled a patent infringement lawsuit with U.S. Ethernet Innovations LLC for $1.525 million in April 2013.{{Cite web |title=Digi Int'l Settles Patent Infringement Lawsuit With U.S. Ethernet Innovations |url=https://www.rttnews.com/2098489/digi-int-l-settles-patent-infringement-lawsuit-with-u-s-ethernet-innovations.aspx |access-date=2024-07-24 |website=RTTNews |language=en-US}}
In 2022, NimbeLink, a subsidiary of Airgain, filed a lawsuit alleging certain Digi products infringed on NimbeLink's Skywire cellular modems.{{Cite web |date=7 May 2024 |title=Digi International Prevails in Patent Infringement Case |url=https://financialpost.com/pmn/business-wire-news-releases-pmn/digi-international-prevails-in-patent-infringement-case |access-date=24 March 2025 |website=Financial Post}} The U.S. District Court for the District of Minnesota found all patent claims by Nimbelink to be invalid in May 2024.{{Cite web |last=Ojea |first=Sabela |date=2024-05-08 |title=Digi International Wins Patent Case Brought by Airgain's NimbeLink |url=http://sinopolywatch.com/newDetail/f7739390c38295620049d9f047607168/Dow%20Jones%20Newswires |access-date=2024-07-24 |website=sinopolywatch.com}}
Acquisitions
{{Prose|date=April 2025}}
- 1991: Arnet Corp{{cite web |url=http://www.alacrastore.com/company-snapshot/Digi_International_Inc-1025742 |title=Digi International, Inc. - Company Snapshot |publisher=Alacra |access-date=July 12, 2012}}
- 1993: Stargate and Milan Technologies{{Needs citation|date=April 2025}}
- 1995: Lan Access{{Needs citation|date=April 2025}}
- 1997: Aetherworks{{Needs citation|date=April 2025}}
- 1998: Illinois-based Central Data Corp and German-based open systems provider ITK International Inc.
- 2000: Inside Out Networks, a USB connectivity manufacturer in Austin, Texas.{{Cite web |date=27 September 2000 |title=Inside Out being acquired for $15M |url=https://www.bizjournals.com/austin/stories/2000/09/25/daily18.html |access-date=2025-04-08 |website=Austin Business Journal}} The Inside Out brand was phased out in 2006.{{Citation needed|date=August 2024}}
- 2001: French company Decision Europe, including the Xcell Technology brand.{{Needs citation|date=November 2024}}
- 2002: Net Silicon, fabless manufacturer of ARM-based microprocessors.{{Cite web |date=30 October 2001 |title=Digi International buys NetSilicon for $50 million to enter embedded chip market |url=https://www.eetimes.com/digi-international-buys-netsilicon-for-50-million-to-enter-embedded-chip-market/ |access-date=16 October 2024 |website=EE Times}}{{Cite news |date=31 October 2001 |title=Digi International Deal |url=https://www.nytimes.com/2001/10/31/business/digi-international-deal.html |access-date=12 November 2024 |work=The New York Times}}
- 2003: Embrace Networks{{Needs citation|date=November 2024}}
- 2005: Rabbit Semiconductor, a manufacturer of Z180 based silicon, embedded modules and single-board computers.{{Cite web|title=Digi purchases Rabbit Semiconductor for $49 million|url=https://www.controleng.com/articles/digi-purchases-rabbit-semiconductor-for-49-million/|date=2005-06-07|website=Control Engineering|language=en-US|access-date=2020-05-14}} In the same year, the company acquired processor module manufacturers FS Forth-Systeme GmbH of Breisach, Germany,{{Cite web|title=Digi International Acquires FS Forth-Systeme {{!}} Mergr|url=https://mergr.com/digi-international-acquires-fs-forth-systeme|website=mergr.com|access-date=2020-05-14}} and Logroño, Spain-based Sistemas Embebidos S.A.{{Cite web|title=Digi buys FS Forth-Systeme, Sistemas Embebidos for $4.4 million|url=https://www.controleng.com/articles/digi-buys-fs-forth-systeme-sistemas-embebidos-for-4-4-million/|date=2005-04-07|website=Control Engineering|language=en-US|access-date=2020-05-14}}
- 2006: Wireless technology company MaxStream, for $38.8M.{{Citation |year=2006 |title=MaxStream Acquired By Digi International In $38.5 Million Deal |publisher=Wireless Design Online |url=http://www.wirelessdesignonline.com/article.mvc/MaxStream-Acquired-By-Digi-International-In-3-0001 |access-date=July 12, 2012 }}{{Cite web |date=28 July 2006 |title=Digi Acquires Wireless Leader MaxStream |url=https://www.fierceelectronics.com/components/digi-acquires-wireless-leader-maxstream |access-date=12 November 2024 |website=Fierce Electronics}}
- 2008: Cellular router manufacturer Sarian Systems Ltd. for $30.5 million.{{Cite book|title=Plunkett's Companion to the Almanac of American Employers 2009: Mid-Size Firms|publisher=Plunkett Research, Ltd.|year=2009|isbn=978-1593921262|editor-last=Plunkett|editor-first=Jack W.}}{{Cite web|title=Digi Acquires European Wireless Router Leader Sarian Systems|url=http://www.globalsecuritymag.com/Digi-Acquires-European-Wireless,20080506,2913.html|website=Global Security Mag Online|language=en|access-date=2020-05-14}} In the same year, Digi also acquired wireless technology design services company Spectrum Design Solutions Inc.{{Cite web|title=Internet of things company Multi-Tech Systems names new CEO|url=https://www.bizjournals.com/twincities/blog/in_private/2013/11/internet-of-things-company-multi-tech.html|last=Grayson|first=Katharine|date=4 November 2013|website=www.bizjournals.com|access-date=2020-05-14}}
- 2009: Mobiapps, fabless manufacturer of satellite modems on the Orbcomm satellite network.{{cite press release |title=Digi International Enters Satellite M2M Market with Acquisition of MobiApps Assets |url=http://www.digi.com/news/pressrelease.jsp?prid=600 |date=June 8, 2009 |access-date=July 12, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20110722014408/http://www.digi.com/news/pressrelease.jsp?prid=600 |archive-date=July 22, 2011 }}
- 2012: Cloud computing services provider Etherios.{{Cite web |date=2012-11-20 |title=Digi completes Etherios acquisition |url=https://www.twincities.com/2012/11/20/digi-completes-etherios-acquisition/ |access-date=2025-02-13 |website=Twin Cities Pioneer Press |language=en-US}}
- 2015: Toronto-based temperature monitoring company Bluenica.{{Cite web |title=Digi International acquires IoT solutions provider {{!}} 2015-10-06 {{!}} Refrigerated Frozen Food {{!}} Refrigerated & Frozen Foods |url=https://www.refrigeratedfrozenfood.com/articles/89905-digi-international-acquires-iot-solutions-provider |access-date=2024-10-16 |website=www.refrigeratedfrozenfood.com |language=en}}
- 2016: Digi acquired FreshTemps, temperature monitoring and task management for the food industry.{{Cite web |last=Whitworth |first=Joseph James |date=11 November 2016 |title=Digi International acquires FreshTemp and partners with Telus |url=https://www.foodnavigator.com/Article/2016/11/11/Digi-International-buys-temperature-monitoring-provider |access-date=2024-09-19 |website=foodnavigator.com |language=en-GB}}
- 2017: Digi acquired SMART Temps and TempAlert, two temperature and task management providers for retail, education, food service, healthcare, and industrial applications.{{Cite web |date=11 January 2017 |title=Digi International Acquires SMART Temps |url=https://www.fierceelectronics.com/components/digi-international-acquires-smart-temps |access-date=2 October 2024 |website=Fierce Electronics}}{{Cite web |date=26 October 2017 |title=Digi International acquires TempAlert |url=https://www.iot-now.com/2017/10/26/69818-digi-international-acquires-tempalert/ |access-date=28 October 2024 |website=IOT Now}}
- 2018: Network equipment company Accelerated Concepts.{{Cite web |date=2024-08-08 |title=Digi International Acquires Accelerated Concepts, Inc. |url=https://markets.businessinsider.com/news/stocks/digi-international-acquires-accelerated-concepts-inc-1013631091 |access-date=2024-09-19 |website=markets.businessinsider.com |language=en}}
- 2019: Opengear.{{Cite web |date=2019-11-08 |title=Digi International to Acquire New Jersey IT Company for $140M |url=https://tcbmag.com/digi-international-to-acquire-new-jersey-it-company-for-140m/ |access-date=2024-09-19 |website=Twin Cities Business |language=en-US}}
- 2021: Digi acquired Haxiot, a provider of wireless connection services.{{Cite web |last1=Innovates |first1=Dallas |last2=Edwards |first2=Alex |date=2021-03-31 |title=Dallas-Based IoT Startup Haxiot Acquired by Digi International |url=https://dallasinnovates.com/dallas-based-iot-startup-haxiot-acquired-by-digi-international/ |access-date=2023-08-08 |website=Dallas Innovates |language=en-US}}
- 2021: Digi acquired Ctek, a company specializing in remote monitoring and industrial controls.{{Cite web |date=2021-07-06 |title=Digi International To Acquire Ctek For Undisclosed Terms |url=https://finance.yahoo.com/news/digi-international-acquire-ctek-undisclosed-183302753.html |access-date=2024-10-02 |website=Yahoo Finance |language=en-US}}
- 2021: Digi acquired Ventus Holdings.{{Cite web |title=Synergies Abound in Digi's Acquisition of Ventus |url=https://www.vdcresearch.com/News-events/iot-blog/Synergies-in-Digi-Ventus-Acquisition.html |access-date=2024-07-24 |website=www.vdcresearch.com}}
References
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Category:Computer companies of the United States
Category:Computer hardware companies
Category:Wireless sensor network
Category:Computer peripheral companies
Category:Networking companies of the United States
Category:American companies established in 1985