secwatch.observer — SEC 8-K summary
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Issuer:     DIGI INTERNATIONAL INC (DGII)
CIK:        0000854775
Form:       8-K
Filed at:   2025-08-19T23:59:59+00:00
Accession:  0000854775-25-000022
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digi acquires Jolt Software for ~$145.5M; updates FY2025 guidance
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- Acquired Jolt for ~$145.5M cash, funded from $150M credit facility draw; ~$70M remains available.
- Jolt generated >$20M ARR in FY ended Jan 2025, with YoY ARR growth exceeding Digi's IoT Solutions segment.
- Transaction expected immediately accretive to adjusted EPS; Digi targets $11M annualized adjusted EBITDA synergies by end of 2026.
- Full-year FY2025 guidance: revenue ~1% growth, ARR ~28% growth, adjusted EBITDA +8-9% YoY.
- Q4 FY2025 outlook: rev $108.5-112.5M, adj EBITDA $26-27.5M, adj EPS $0.48-0.52.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854775/000085477525000022/0000854775-25-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854775/000085477525000022/dgii-20250818.htm
  HTML page:      https://secwatch.observer/filing/0000854775-25-000022

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