secwatch.observer — SEC 8-K summary
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Issuer:     DIGI INTERNATIONAL INC (DGII)
CIK:        0000854775
Form:       8-K/A
Filed at:   2022-01-18T23:59:59+00:00
Accession:  0001104659-22-004901
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854775/000110465922004901/0001104659-22-004901-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854775/000110465922004901/tm223121d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-004901

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