Computer Peripherals M&A » By The Online Investor Staff, updated Tue., May. 24, 9:15 AM
Recent mergers and acquisitions in the Computer Peripherals M&A category.
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Slide #28. Digi International — Etherios
Acquirer:
Digi International (NASDAQ:DGII)
Acquiree:
Etherios
Details:
Digi International (NASDAQ:DGII) today announced the purchase of Chicago-based Etherios, Inc., a salesforce.com Platinum Partner and creator of The Social Machine, a revolutionary new cloud-based method for integrating machines into core business processes via the Salesforce Service Cloud. Combining the iDigi Device Cloud with The Social Machine will enable almost any machine, anywhere in the world, to connect rapidly and easily to the Service Cloud. By enabling real-time machine interactions with organizations' workflows, customers will be able to benefit dramatically through improved asset management, greater machine uptime and the ability to offer proactive customer service.
Digi International is a provider of Internet of Things (IoT) connectivity products, services and solutions. Co.'s segments are: IoT Products and Services, which provides products and services that assist original equipment manufacturers, enterprise and government customers create and deploy, IoT connectivity solutions, including hardware products such as cellular, radio-frequency, embedded system and infrastructure management products, and services such as Digi Remote Manager®, Lighthouse Management Software and technical services; and IoT Solutions, which provides wireless temperature and other condition-based monitoring services as well as employee task management services.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 90th percentile
(ranked higher than approx. 90% of all stocks covered)
Analysts' Target Price: DGII Stock Forecast Based on Zacks ABR data; powered by Xignite |
