Digi International

What Digi International does

Digi International (NASDAQ:DGII) is a publicly traded global provider of IoT connectivity products, services, and solutions, headquartered in Hopkins, Minnesota, founded in 1985, with 501–1,000 employees. The company sells embedded wireless modules (XBee), industrial and transportation cellular routers (IX/TX/EX series), system-on-modules (ConnectCore, built on NXP i.MX and STMicroelectronics STM32MP processors), infrastructure management devices (serial device servers, console servers), and cloud-based management platforms (Digi Remote Manager, Digi Axess, Genesis). It serves industrial, smart cities, transportation, retail/banking, healthcare, and OEM/embedded customers globally, with over 25 million XBee modules deployed and reference deployments including NYC DOT (14,000 intersections), Otis elevators, and HighGreat Technology's 100,000-drone fleet.

Digi's technical stack rests on proprietary firmware (DAL OS), the DigiMesh networking protocol, the TrustFence security framework, and patented SureLink active link health monitoring, supplemented by VRRP+ sub-second failover. The portfolio is organized around a "One Digi" platform-plus-modules architecture that retains acquired brands as sub-brands: Opengear (network resilience and out-of-band management), SmartSense (sensing-as-a-service for healthcare/food/pharmacy), Digi Ventus (managed cellular connectivity with Genesis operations platform), and Particle (edge-to-cloud application infrastructure). End-to-end ownership of hardware, cellular SIM, private network, and cloud infrastructure enables exclusive platform features such as integrated VPN remote access (Digi Remote Reach) and eSIM orchestration aligned with GSMA SGP.32.

The business model combines one-time hardware sales (cellular routers, XBee modules, ConnectCore SOMs) with a rapidly growing subscription and ARR layer — ARR reached $157M in Q1 FY2026, up 31% year-over-year, representing roughly 36% of revenue and marking the fifth consecutive quarter of double-digit ARR growth. Go-to-market is hybrid: direct enterprise field sales for large deployments, a partner-first distribution model with Mouser Electronics and element14/Avnet, the Digi Ventus MCP Program for MSPs and channel partners, and an e-commerce storefront at digi.com. FY2025 revenue was $430M with Q1 FY2026 revenue of $122M (+18% YoY) and a record 25.8% adjusted EBITDA margin; FY2026 guidance is 14–18% revenue growth, 23% ARR growth, and 17–21% adjusted EBITDA growth. Recent acquisitions — Ventus ($347.4M, 2021), Jolt Software ($145.5M, 2025), and Particle ($50M, 2026) — have been funded in part by a $250M senior secured revolving credit facility (Dec 2023) and have shifted the mix from one-time hardware toward recurring managed services and embedded-as-a-service revenue.

Name

Digi International

Legal name

Digi International Inc.

Website

https://digi.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Digi International (NASDAQ:DGII) provides end-to-end IoT connectivity — embedded wireless modules, cellular routers, system-on-modules, and cloud management platforms — serving industrial, smart city, transportation, retail, and OEM customers globally through hardware sales and a growing subscription ARR base.

Ownership category

akta.pro rank

Product category

Industrial IoT Connectivity Hardware and Software

NAICS

Computer and Peripheral Equipment Manufacturing (33411), Wired Telecommunications Carriers (517111), Wireless Telecommunications Carriers (except Satellite) (517112), Computer Systems Design and Related Services (54151)

SIC

Computer Communications Equipment (3576), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Industrial Connectivity & Networks (5G/LPWAN/TSN/Industrial Ethernet) (IMAIAMAH)

akta.pro secondary industries

Industrial Edge Computing & Gateways (IMAIAMAC), Cellular IoT/M2M Gateways & Routers (LTE/5G) (HDAFAIAF), IoT Connectivity Management (Private APN, SIM/eSIM, Device Connectivity) (HDAIAGAG), OEM Embedded Connectivity & Telematics Platforms (TLAEAFAA)

Keywords

• Industrial cellular routers
• IoT connectivity solutions
• Embedded wireless modules
• Managed cellular services
• Network resilience platform

Headquarters

HQ city

Minnetonka

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Marketing or Sales, Supply Chain, Operations

Revenue model

1. Hardware Products: Sale of IoT connectivity hardware including cellular routers, XBee wireless modules, ConnectCore system-on-modules, serial device servers, and related accessories. Hardware is sold through direct sales, distributors, and channel partners. Hardware remains a significant revenue contributor, with recent product launches (Digi IX25, TX65, Connect EZ TS) sustaining demand.
2. Software Subscriptions and Recurring ARR: Annual recurring revenue from software platforms including Digi Remote Manager, Digi Ventus managed connectivity, Genesis platform, Particle IoT platform, and SmartSense monitoring subscriptions. ARR reached $157 million in Q1 FY2026 (31% growth), with the Particle acquisition contributing approximately $20M in ARR. The company guides for 23% ARR growth in FY2026.
3. Managed Connectivity Services: Digi Ventus delivers managed cellular connectivity with bundled hardware, software, and data plans for MSPs, enterprises, and channel partners. Generates recurring revenue through monthly subscription pricing with 24/7 NOC support. Digi eSIM enables remote carrier switching, creating additional recurring service opportunities.
4. Professional Services: Implementation services, application development, wireless design services, and managed connectivity professional support. Services complement hardware and subscription offerings for enterprise deployments.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Digi International designs, manufactures, and sells industrial IoT connectivity hardware — embedded wireless modules (XBee), system-on-modules (ConnectCore), industrial, transportation, and enterprise cellular routers (IX/TX/EX series), serial device servers, and console servers — paired with cloud-based device management platforms (Digi Remote Manager, Genesis, Digi Axess) and managed cellular connectivity services (Digi Ventus). The integrated stack is sold to enterprises, OEMs, governments, and channel partners for distributed IoT deployments across industrial, smart city, transportation, retail, healthcare, and agriculture use cases.

Product overview

Digi International operates as a platform-plus-modules architecture unified under the 'One Digi' strategy, encompassing hardware products, software platforms, and managed services across multiple acquired and organically developed brands. The core hardware portfolio spans embedded systems (Digi XBee wireless modules and Digi ConnectCore system-on-modules), cellular and networking routers (IX series industrial, TX series transportation, EX series enterprise, including the Digi IX25 with AI-enabled fleet management and the Digi TX65 rugged 5G router), and infrastructure management devices (Digi Connect EZ serial device servers and Digi Connect IT console servers). The software layer is anchored by Digi Remote Manager (centralized cloud device management) and Digi On-Prem Manager, complemented by value-added services (Digi Containers, Digi Mobile VPN, Digi WAN Bonding, Digi eSIM). Acquired brands — SmartSense (sensing-as-a-service), Particle (edge-to-cloud IoT platform), Opengear (network resilience and out-of-band management), and Digi Ventus (managed cellular connectivity with the Genesis operations platform) — extend the portfolio into vertical-specific managed services. The recently launched MCP server and DANI AI capabilities enable natural language device management and AI-augmented network diagnostics across the entire fleet.

Differentiator

Problem solved

Functional benefit

Brands

• Opengear: Network resilience through secure out-of-band management for data center solutions. Branded as 'A Digi Company'.
• SmartSense
• Digi Ventus
• Particle
• Digi XBee
• Digi ConnectCore
• Digi Remote Manager
• Digi TrustFence

Products and services

• Digi XBee Wireless Modules and Modems Family of embedded wireless modules and modems supporting Zigbee, 802.15.4, DigiMesh, Wi-Fi, Sub-1 GHz, LoRaWAN, and cellular protocols for device-level IoT connectivity. Over 25 million modules deployed globally across industrial, agriculture, robotics, and smart city applications.
• Digi ConnectCore System-on-Module Family Family of system-on-modules based on NXP i.MX and STMicroelectronics STM32MP processors, providing wired/wireless connectivity, embedded security, and over-the-air management for OEM product development.
• Digi IX25 Rugged 5G Industrial Cellular Router Rugged industrial 5G cellular router with edge computing, AI-enabled fleet management, private LTE/5G support, quad-core processor, Linux containers, and GSMA SGP.32 eSIM. Certified to -40°C to +75°C with C1D2, ATEX, E-Mark, and MIL-STD-810H ratings.
• Digi IX-Series Industrial Cellular Routers (IX10, IX20, IX30, IX40) Industrial-grade cellular routers supporting 4G LTE with optional 5G, designed for reliable connectivity in harsh environments with edge computing, VPN, and remote management capabilities.
• Digi TX65 5G Cellular Vehicle Router Rugged 5G vehicle and industrial router consolidating 5G, GNSS, Wi-Fi 7, and serial connectivity for transportation fleets, transit agencies, public safety, and enterprise fleet operators.
• Digi TX-Series Transportation Routers (TX40, TX54, TX64) 5G/LTE-Advanced transportation routers with dual redundant communications, FirstNet capability, and quad-core processors for transit, bus fleet, and rail applications.
• Digi EX-Series Enterprise Routers and Extenders (EX12, EX15, EX50) Enterprise-grade 5G/LTE cellular routers and extenders with Wi-Fi 6 for primary or backup enterprise branch office connectivity, ready for 5G network slicing and SD-WAN applications.
• Digi Connect EZ TS Serial Device Servers Next-generation 4- and 8-port serial device servers for modernizing legacy RS-232/485 serial infrastructure with Digi TrustFence security, encryption, authentication, VPN support, and LifeCycle Assurance for industrial, energy, manufacturing, and enterprise environments.
• Digi Connect IT 16/48 Console Servers Enterprise-grade console access servers providing reliable out-of-band access to routers, switches, firewalls, and servers for remote troubleshooting and recovery during network outages.
• Digi Remote Manager Cloud-based centralized device management platform providing monitoring, configuration, bulk provisioning, compliance monitoring, health alerts, automated remediation, API integration, and DANI AI/MCP natural language fleet management for distributed Digi device fleets. SOC 2 Type 2 compliant.
• Digi Ventus Managed Cellular Connectivity Managed cellular connectivity platform for enterprises and MSPs combining bundled hardware, multi-carrier cellular data plans, and 24/7x365 NOC support under subscription pricing with SureLink active monitoring, VRRP+ failover, dual SIM redundancy, and eSIM remote carrier switching.
• Opengear Network Resilience and Smart Out-of-Band Management Network resilience solutions including Smart Out-of-Band Management, NetOps Automation, the Lighthouse centralized OOB platform, and CM8000/OM1300 series devices with LTE failover and secure access control. SOC 2 Type 2 and ISO 27001 certified.
• SmartSense by Digi Sensing-as-a-Service Subscription-based IoT sensing-as-a-service solution for real-time condition and compliance monitoring including walk-in cooler, asset, pharmacy, and VFC monitoring for healthcare, food service, and transportation customers.
• Particle by Digi Edge-to-Cloud IoT Platform Edge-to-cloud application infrastructure for intelligent devices including managed embedded devices and Particle Console IoT command center, providing embedded intelligence and wireless communications for OEM customers.
• Digi Professional Services Implementation services, application development, wireless design services, and managed connectivity professional support complementing hardware and subscription offerings for enterprise IoT deployments.
• Digi Axess Cloud Infrastructure Management Platform Cloud-based infrastructure management platform offering VPN Link for remote edge device access, integrated cellular SIM management, and advanced IoT analytics, with several features exclusive to Digi enabled by end-to-end ownership of hardware, SIM, private network, and cloud infrastructure.

Quantifiable outcome

• Digi International achieved Q1 FY2026 revenue of $122 million, up 18% YoY, with ARR growing 31% to $157 million
• +4 more outcomes

Named customers13 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

AI capability8 records

Feature11 records

Partnerships

Six partnerships are on record, tiered core and minor.

• HighGreat TechnologycoreTechnology or Integration · 17 June 2026HighGreat Technology, a pioneer in large-scale aerial entertainment, achieved multiple Guinness World Records by orchestrating thousands of synchronized drones using Digi International's XBee wireless modules with DigiMesh networking technology. HighGreat has built more than 100,000 drones using Digi XBee modules, operating in over 300 cities globally, demonstrating the scalability and reliability of Digi's wireless mesh technology for mission-critical connectivity.
• NXP SemiconductorscoreTechnology or Integration · 17 June 2026Digi International's ConnectCore 95 system-on-module platform is powered by NXP's i.MX 95 applications processor, among the first SOMs to feature pre-certified tri-band Wi-Fi 6E with built-in global certifications. The platform supports compliance with EU Cyber Resilience Act, NIS2, and FDA cybersecurity requirements.
• OneLayercoreTechnology or Integration · 13 May 2026Digi International joined OneLayer's Technology Alliance Program (TAP), a certified ecosystem of technology partners providing validated, integrated solutions for enterprises deploying private LTE and 5G networks. Founding partners include Check Point, Claroty, Druid Software, Ericsson, Fortinet, Kigen, Nokia, Semtech, and Teltonika. The TAP certifies integrations across network infrastructure, security, IT/OT operations, device management, and SIM technology, formalizing OneLayer's role as the security and orchestration layer between private cellular infrastructure and enterprise networks.
• CelonacoreTechnology or Integration · 16 March 2026Celona and Digi International partnered to deliver next-generation robot-as-a-service (RaaS) connectivity solutions for warehouse and retail operations, integrating Digi's industrial edge devices with Celona's private 5G LAN platform. The collaboration addresses Wi-Fi connectivity failures that cause autonomous robots to go offline, creating safety risks and operational disruptions in facilities with multiple AMRs operating at high speeds. The RaaS market is projected to grow more than 30% annually through 2030.
• ByteSnap DesignminorImplementation/ SI/ Consulting Partner · 18 February 2026ByteSnap Design partnered with Digi International to launch a Premium Software Security Service for embedded Linux devices, combining ByteSnap Design's integration expertise with Digi's vulnerability intelligence and patch distribution infrastructure. The service provides continuous OS security patching, automated compliance documentation, and validated updates to address the challenge of maintaining security for embedded devices over long operational lifecycles.
• SimetriccoreTechnology or Integration · 11 December 2025Digi International partnered with Simetric to deliver validated eSIM orchestration and lifecycle control for its connected-device portfolio, enabling customers to manage distributed IoT environments with greater precision, security, and flexibility. The collaboration integrates Simetric's Single Pane of Glass orchestration platform with GSMA SGP.32 alignment, positioning Digi among the first IoT solution providers to align commercial deployments with these standards.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/digidotcom
• GitHubgithub.com/digidotcom
• YouTubeyoutube.com/user/Digidotcom
• Facebookfacebook.com/299394463916
• LinkedInlinkedin.com/company/digi-international

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A27 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Digi International