Digi completes Ventus acquisition; Ventus 2019 revenue $47.1M, net income $12.5M

DIGI INTERNATIONAL INC

Acquired Ventus (managed network services) on Nov 1, 2021 for undisclosed terms; purchase agreement filed.
Ventus 2019 annual revenue $47.1M; net income $12.5M; total assets $27.0M at Dec 31, 2019.
Unaudited pro forma financials for nine months ended Jun 30, 2021 and year ended Sep 30, 2020 provided.
Credit agreement amended with BMO Harris Bank (Dec 22, 2021) incorporated by reference.

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