Digi International’s Performance Is Increasing Its Visibility

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Via Star Tribune

Digi International, poised for a conference this week that will include 400 stakeholders and fresh off record first-half results in fiscal 2019, may have achieved the transformation CEO Ron Konezny envisioned when he took over in 2015.

Konezny led a job-shedding restructuring of Digi, which still makes and sells routers and other devices that connect solar arrays and agricultural and industrial equipment to the internet. However Digi is getting much faster growth from sales of software solutions and services that help end-user companies monitor performance and replace parts before they expire or act up.”

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Minnesota’s Biggest IoT Company Is Moving

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Via News Release

“MINNETONKA, Minn., Oct. 5, 2018 /PRNewswire/ — Digi International, (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) connectivity products and services, and Minnesota’s largest IoT company, today announced a new headquarters at Excelsior Crossings in Hopkins, Minnesota. The company anticipates moving into the new facility in early 2019.”

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Minnesota’s Largest IoT Company Has A New Head Of Finance

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Via News Releaes

“MINNETONKA, Minn., June 14, 2018 /CNW/ — Digi International, a leading global provider of mission critical Internet of Things (“IoT”) products, services, and solutions, today announced that Gokul Hemmady has been appointed as Senior Vice President, Chief Financial Officer and Treasurer of the company effective June 18, 2018.”

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DIGI To Layoff 60 In Eden Prairie Under Manufacturing Consolidation

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Via News Release

“MINNETONKA, Minn., April 3, 2018 /CNW/ — Digi International, (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) connectivity products and services, today announced it will transfer the manufacturing functions of its Eden Prairie operations facility to existing contract manufacture suppliers. The move further leverages the manufacturing strength of its vendors and further focuses Digi on new product introduction.”

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DIGI International Acquires Accelerated Concepts For $17m Plus

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Via News Release

“MINNETONKA, Minn., Jan. 22, 2018 /PRNewswire/ — Digi International, a leading global provider of Internet of Things (IoT) connectivity products and services today announced that it has acquired Accelerated Concepts, Inc., a provider of secure, enterprise-grade, cellular (LTE) networking equipment for primary and backup connectivity applications.”

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[Slideshow] See The Minnesota Tech Appearing At CES 2018

by The TECHdotMN Team

CES 2018 logoCES — the largest electronics and technology trade show in the world is happening this week in Las Vegas, Nevada. 2 million+ square feet of space will house thousands of exhibitors this year, featuring products—and the companies that create them — for the consumer technology market.

23 different Minnesota-based firms are represented this year, which is up from 18 last year:

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

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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.”

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DIGI International Nabs Two Seasoned Minnesota IoT Execs

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Via News Release

“MINNEAPOLIS, Oct. 5, 2017 /PRNewswire/ — Digi International Inc. — a leading global provider of machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services, today announced that Scott Wilken has been appointed Vice President of Technology and Scott Nelson has been appointed Vice President of Product.”

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Meet A Minnesota CTO: Joel Young, Digi International

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Joel Young Digi InternationalThank you Andcor Companies for underwriting our Meet a Minnesota CTO series, where we get up close and personal with Minnesota’s chief techies!

The CTO: Joel Young, Digi International

How long have you been working in technology for?

I have been in the technology industry for over 30 years, going back to my college days.

I have an electrical engineering degree and a graduate degree in computer science from USC.  After graduate school I spent 10 years with Bell Labs in New Jersey and did everything from signal systems processing to voice encryption, the works.

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DIGI And NASA Are Working Together On The Internet Of Space

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Screen Shot 2017-03-04 at 9.57.43 AMVia News Release

“MINNETONKA, Minn., March 4, 2017 – Digi International, a leading global provider of machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services, announced that on Monday, March 6 at approximately 12:20 p.m. C.T. its Digi XBee 802.15.4 modules will be used by the National Aeronautics and Space Administration (NASA) as part of a test program for wireless communications within satellites and payloads from the International Space Station (ISS).”

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