M&A Deal Summary

Digi Acquires Accelerated Concepts

On January 22, 2018, Digi acquired technology hardware company Accelerated Concepts for 17M USD

Acquisition Highlights
  • This is Digi’s 3rd transaction in the Technology Hardware sector.
  • This is Digi’s 5th largest (disclosed) transaction.
  • This is Digi’s 9th transaction in the United States.
  • This is Digi’s 1st transaction in Florida.

M&A Deal Summary
Date 2018-01-22
Target Accelerated Concepts
Sector Technology Hardware
Buyer(s) Digi
Deal Type Add-on Acquisition
Deal Value 17M USD

Target

Accelerated Concepts

Tampa, Florida, United States
Accelerated Concepts, Inc. is a provider of secure, enterprise-grade, cellular (LTE) networking equipment for primary and backup connectivity applications. Accelerated Concepts, Inc. was founded in 2006 and is headquartered in Tampa, Florida

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Buyer(S) 1

Buyer

Digi

Hopkins, Minnesota, United States
Category Company
Founded 1985
Sector Technology Hardware
Employees790
Revenue 445M USD (2023)
DESCRIPTION

Digi is the M2M solutions expert, combining products and services as end-to-end solutions to drive business efficiencies. The company provides a broad range of wireless products, a cloud computing platform tailored for devices, and development services to help customers get to market fast with wireless devices and applications. Its entire solution set is tailored to allow any device to communicate with any application, anywhere in the world. Digi was founded in 1985 and is based in Hopkins, Minnesota.

DEAL STATS #
Overall 13 of 17
Sector (Technology Hardware) 3 of 5
Type (Add-on Acquisition) 13 of 17
State (Florida) 1 of 1
Country (United States) 9 of 13
Year (2018) 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-23 TempAlert

Boston, Massachusetts, United States

TempAlert is a provider of automated, real-time temperature monitoring and task management solutions for the healthcare, industrial and foodservice industries. TempAlert was founded in 2005 and is based n Boston, Massachusetts.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-07 Opengear

Edison, New Jersey, United States

Opengear, Inc. is a provider of secure IT infrastructure products and software. Opengear was founded in 2004 and is based in Edison, New Jersey.

Buy -
Mergr

Product

Company

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