Digi Acquires Jolt to Accelerate ARR Growth and Strengthen SmartSense’s Market-Leading Offerings
MINNEAPOLIS--(BUSINESS WIRE)--Digi International Inc. (“Digi”) (Nasdaq: DGII), a leading global provider of business and mission-critical Internet of Things (IoT) products, services and solutions, ...
How does this deal position Digi against competitors in the IoT space, and could it trigger a re‑rating or sector rotation by investors?
What synergies and ARR growth can be expected from integrating Jolt’s solutions into Digi’s SmartSense portfolio, and how quickly will they materialize?
How will the $145.5 million acquisition affect Digi International’s earnings guidance and cash flow outlook?
1 day ago