Digi International acquires SMART Temps

Digi International, (NASDAQ: DGII) a provider of machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services, has acquired SMART Temps, a provider of real-time foodservice temperature management for restaurant, grocery, education and hospital settings as well as real-time temperature management for pharmacy, blood bank and laboratory environments, the company said.

Terms of the transaction were not disclosed.

The acquired SMART Temps technology will continue to be supported, as well as leveraged within Digi´s existing products and services, to expand its advanced portfolio of products for the cold chain market.

Founded in 1985, Digi International is a leading global provider of business and mission-critical machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services.