Business
Digi International Acquires Particle to Accelerate ARR Growth and Strengthen Digi’s Embedded-as-a-Service Offering
MINNEAPOLIS, January 27, 2026--Digi International Inc. ("Digi") (Nasdaq: DGII), a leading global provider of business and mission-critical Internet of Things (IoT) products, services and solutions, today announced its acquisition of Particle Industries, Inc. ("Particle"), a leading provider of edge-to-cloud application infrastructure for intelligent devices. Through their subscription model, Particle enables companies to deliver customer value with easy to deploy intelligent connected products a
About this update from Digi International Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/811b4de026046e6fe5568212920a6e5b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/IkDHsRX3L22KFyDE7aevGA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/811b4de026046e6fe5568212920a6e5b","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/r___x5BdyHYTSOPD9Ulyzg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/811b4de026046e6fe5568212920a6e5b","width":1024,"height":512}},"lazy":false},{"type":"text","content":"MINNEAPOLIS, January 27, 2026--(BUSINESS WIRE)--Digi International Inc. ("Digi") (Nasdaq: DGII), a leading global provider of business and mission-critical Internet of Things (IoT) products, services and solutions, today announced its acquisition of Particle Industries, Inc. ("Particle"), a leading provider of edge-to-cloud application infrastructure for intelligent devices. Through their subscription model, Particle enables companies to deliver customer value with easy to deploy intelligent connected products at scale. The acquisition not only transforms the capabilities of Digi’s OEM Solution’s product offerings; it also greatly enhances the recurring revenue profile of Digi’s IoT Products and Services reporting segment.","length":752,"tagName":"p"},{"type":"text","content":"Particle will be integrated with Digi’s OEM Solution’s offerings within Digi’s IoT Products and Services segment. Particle presently generates approximately $20 million in ARR via its subscription-based sales model and is growing ARR double-digits annually. This greatly advances Digi’s strategy to expand Annual Recurring Revenue (ARR). Digi’s IoT Products and Services segment reported $32 million in ARR as of the end of the fiscal quarter ended September 30, 2025.","length":468,"tagName":"p"},{"type":"text","content":""This acquisition positions us to lead the shift toward intelligent, connected product platforms and accelerates annual recurring revenue growth for Digi," said Ron Konezny, President and CEO of Digi International. "By combining Particle and Digi, we now deliver embedded-as-a-se...