---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-132717"
form_type: "8-K"
ticker: "DGII"
cik: "0000854775"
company_name: "DIGI INTERNATIONAL INC"
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T15:27:45.738739+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Digi International acquires Ventus Holdings for $347.4M cash, largest acquisition in history

## Summary
- Purchase price of $347.4M cash; financed with $350M debt facility from BMO Harris.
- Ventus is a leader in Managed Network-as-a-Service; deal is just over 8x annualized recurring revenues.
- Deal expected to be accretive to non-GAAP adjusted EBITDA and adjusted EPS; mildly non-accretive on GAAP EPS in FY2023 due to interest.
- Steve Glaser (former COO of Ventus) becomes General Manager of Ventus under Digi.
- Digi will report Ventus' performance as part of its IoT Solutions segment.

## SEC filing metadata
- accession: 0001104659-21-132717
- form_type: 8-K
- ticker: DGII
- cik: 0000854775
- company_name: DIGI INTERNATIONAL INC
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/854775/000110465921132717/0001104659-21-132717-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854775/000110465921132717/tm2131473d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-132717
- JSON: https://secwatch.observer/filing/0001104659-21-132717.json
- Plain text: https://secwatch.observer/filing/0001104659-21-132717.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.