| Market Capitalization (Millions $) |
2,884 |
| Shares
Outstanding (Millions) |
38 |
| Employees |
913 |
| Revenues (TTM) (Millions $) |
475 |
| Net Income (TTM) (Millions $) |
43 |
| Cash Flow (TTM) (Millions $) |
5 |
| Capital Exp. (TTM) (Millions $) |
3 |
Business Description
Digi International Inc. was formed as a Minnesota business in 1985. In connection with our initial public offering in 1989, we restructured as a Delaware company. Our common stock is listed under the ticker DGII on the Nasdaq Global Select Market tier of the Nasdaq Stock Market LLC. Our global headquarters are situated at 9350 Excelsior Blvd., Suite 700, Hopkins, MN 55343. Our World Headquarters phone number is (952) 912-3444.
We are a leading global provider of business and mission-critical Internet of Things ("IoT") connectivity products, services and solutions. We help our customers deploy, monitor and manage critical communications infrastructures that deliver important information in demanding environments with high levels of security and reliability. We have two reportable operating segments under applicable accounting standards: (i) IoT Products & Services; and (ii) IoT Solutions.
Our IoT Products & Services segment offers products and services that help original equipment manufacturers ("OEMs"), enterprise and government customers create and deploy, secure IoT connectivity solutions. From embedded and wireless modules to console servers as well as enterprise and industrial routers, we provide a wide variety of communication sub-assemblies and finished products to meet our customers IoT communication requirements. In addition, this segment provides our customers with a device management platform and other professional services to enable customers to capture and manage data from devices connected to networks.
Our IoT Solutions segment primarily consists of our Managed Network-as 'a-Service ('MNaaS') business acquired last year via our acquisition of Ventus Wireless, LLC and affiliated entities ('Ventus') and our SmartSense by Digi' business. Ventus is a leader in the provision of MNaaS solutions that simplify the complexity of enterprise wide area network ('WAN') connectivity for customers. The Ventus portfolio includes cellular wireless and fixed line WAN solutions for an array of connectivity applications in banking, healthcare, retail, gaming, hospitality and other sectors. SmartSense offers wireless temperature and other condition-based monitoring services as well as employee task management services. These solutions are focused on the following vertical markets: food service, healthcare (primarily pharmacies and hospitals) and supply chain.
Company Address: 9350 Excelsior Blvd. Hopkins 55343 MN
Company Phone Number: 912-3444 Stock Exchange / Ticker: NASDAQ DGII
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