Digi International (NASDAQ: DGII), a global leader in IoT connectivity products, solutions and services, today announced its intent to acquire Disruptive Technologies, a global leader in advanced sensing technology. 

Digi executed a definitive agreement to acquire Disruptive Technologies for $130 million in cash, financed using Digi's existing revolving credit facility. In calendar 2025, Disruptive Technologies generated $15M in revenue and $4M in Annualized Recurring Revenue. Integrating Disruptive Technologies and SmartSense is expected to contribute approximately $9 million additional FY28 adjusted EBITDA and free cash flow. Closing the acquisition is subject to regulatory approval prior to closing, which is expected to occur before the end of 2026.