Digi International Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Ronald E. Konezny
- Full Time Employees
- 805
- Sector
- Technology
- Industry
- Communication Equipment
- Address
- 9350 Excelsior Boulevard Hopkins MN United States of America 55343
- IPO Date
- Oct 6, 1989
- CIK
- 0000854775
- Website
- digi.com
- Similar Companies
- Business
- Digi International Inc. (NASDAQ: DGII) provides Internet of Things (IoT) connectivity products, services and solutions that enable customers to create next-generation connected devices and manage mission-critical communications infrastructures in mission-critical environments worldwide. Founded in 1985 and headquartered in Hopkins, Minnesota, the company offers cellular routers including TransPort and Connect EZ series for secure wireless connectivity; embedded modules such as ConnectCore system-on-modules and RF modules for integrating communications into devices; gateways and console servers for network access and management; industrial cellular routers and transportation routers hardened for extreme conditions; embedded system-on-modules; network management software like Digi Remote Manager; and purpose-built solutions including SmartSense for temperature monitoring, Ventus for managed Network-as-a-Service, Opengear for out-of-band management, and Digi 360 cellular services, serving industries such as industrial automation, transportation, healthcare, retail, utilities, and remote monitoring across global markets with over 14 offices and 200 distribution partners. In August 2025, Digi completed the acquisition of Jolt Software Inc. for $145.7 million to bolster its IoT Solutions segment and recurring revenue through software-centric offerings, complementing prior acquisitions like SmartSense and Ventus; the company also launched the Digi IX30 LTE router supporting Anterix 900 MHz spectrum for private LTE in utilities and introduced Digi Connect EZ 4 WS compliant with IEC 60601-1 for hospital networks, while reporting fiscal 2025 annual revenue of approximately $430 million with IoT Products & Services at $318 million and IoT Solutions at $112 million, alongside guidance for 10-15% revenue growth and ARR expansion in fiscal 2026.
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