Digi International Acquires Boston-Based TempAlert For $45m+



Via News Release

“MINNETONKA, Minn., Oct. 23, 2017  — Digi International, (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) products and services, today announced that it has acquired TempAlert, a provider of automated, real-time temperature monitoring and task management solutions for the healthcare, industrial and foodservice industries. TempAlert will join the Digi Smart Solutions™ team. Digi purchased Boston-based TempAlert for $45 million in cash plus future earn out incentives.”