Digi International Inc logo

DGII - Digi International Inc News Story

$17.77 0.1  0.3%

Last Trade - 05/03/21

Sector
Technology
Size
Mid Cap
Market Cap £381.4m
Enterprise Value £378.7m
Revenue £209.6m
Position in Universe 3385th / 6651

BRIEF-Digi International To Acquire Opengear

Thu 7th November, 2019 10:00pm
Nov 7 (Reuters) - Digi International Inc  DGII.O :
    * DIGI INTERNATIONAL TO ACQUIRE OPENGEAR
    * DIGI INTERNATIONAL - DEAL FOR $140 MILLION WITH A
POTENTIAL FOR
CONTINGENT CONSIDERATION OF UP TO ADDITIONAL $15 MILLION BASED
ON REVENUE PERFORMANCE THROUGH 2020
    * DIGI INTERNATIONAL INC - EXPECTS TO USE CASH ON HAND AND
DEBT
FINANCING TO FINANCE DEAL
    * DIGI INTERNATIONAL INC - EXPECTS ACQUISITION TO BE
IMMEDIATELY
ACCRETIVE TO EARNINGS.

Source text for Eikon:  ID:nPn631FJSa 
Further company coverage:  DGII.O 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.