Digi

Digi International Reveals 2024 Green Tech Customer Innovation Award Winners

Retrieved on: 
Wednesday, April 17, 2024

Digi International, (NASDAQ: DGII, www.digi.com ), a leading global provider of Internet of Things (IoT) connectivity products and services, is proud to reveal the winners of its 2024 Green Tech Customer Innovation Awards.

Key Points: 
  • Digi International, (NASDAQ: DGII, www.digi.com ), a leading global provider of Internet of Things (IoT) connectivity products and services, is proud to reveal the winners of its 2024 Green Tech Customer Innovation Awards.
  • Digi’s fourth annual awards highlight the advancements made by companies and organizations committed to solving today’s environmental challenges — recognizing Digi customer initiatives incorporating the latest green technologies to champion sustainability, carbon reduction and environmental stewardship.
  • View the full release here: https://www.businesswire.com/news/home/20240417833783/en/
    Digi International Reveals 2024 Green Tech Customer Innovation Award Winners (Graphic: Business Wire)
    Each of this year’s award winners has utilized Digi solutions to implement products and services that have been pivotal in helping them forge ahead with their mission of environmental stewardship.
  • Spanning six categories, Digi has selected the following customers as recipients of the 2024 Green Tech Customer Innovation Awards:

Digi International Expands Monitoring Portfolio with Launch of Digi Connect Sensor XRT-M Powered by Digi Axess

Retrieved on: 
Tuesday, April 16, 2024

Powered by Digi Axess, Digi Connect Sensor XRT-M is designed to deliver reliable and seamless remote monitoring and management.

Key Points: 
  • Powered by Digi Axess, Digi Connect Sensor XRT-M is designed to deliver reliable and seamless remote monitoring and management.
  • View the full release here: https://www.businesswire.com/news/home/20240416608174/en/
    Digi International Expands Monitoring Portfolio with Launch of Digi Connect Sensor XRT-M Powered by Digi Axess (Photo: Business Wire)
    A comprehensive overhaul of the legacy Digi Connect Sensor+ product, Digi Connect Sensor XRT-M addresses the need for efficient remote monitoring in low/no power environments through its dual-battery extended run time and robust design.
  • Digi Connect Sensor XRT-M is a rugged, battery-powered monitoring solution equipped with versatile I/O for remote sensor connections, enabling cost-effective data collection from remote assets in minutes.
  • “With the introduction of Digi Connect Sensor XRT-M with Digi Axess, we’re setting a new standard in remote monitoring by empowering real-time data processing,” said Brian Kirkendall, General Manager and Vice President of Infrastructure Management at Digi.

8th Annual DigiFest® Temecula Tickets On Sale Now

Retrieved on: 
Tuesday, April 2, 2024

Temecula, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- DigiFest® Temecula is back and better than ever!

Key Points: 
  • Temecula, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- DigiFest® Temecula is back and better than ever!
  • Tickets for the 3-day multimedia extravagant event are on sale now!
  • DigiFest® Temecula is so much more than a film festival!
  • DigiFest® Temecula brings the community and region together for a weekend of fun, creativity, networking, inspiration, awards, and entertainment.

Digi International to Unveil the New Digi ConnectCore® MP25 System-on-Module for Next-Gen Computer Vision Applications at Embedded World 2024

Retrieved on: 
Thursday, April 4, 2024

Featuring AI and machine learning capabilities, with an integrated neural processing unit and image signal processor, Digi ConnectCore MP25 is designed for next-generation computer vision applications in critical sectors such as industrial, medical, energy and transportation.

Key Points: 
  • Featuring AI and machine learning capabilities, with an integrated neural processing unit and image signal processor, Digi ConnectCore MP25 is designed for next-generation computer vision applications in critical sectors such as industrial, medical, energy and transportation.
  • View the full release here: https://www.businesswire.com/news/home/20240404695178/en/
    Digi International to unveil the new Digi ConnectCore® MP25 System-on-Module for next-gen computer vision applications at Embedded World 2024.
  • Visit Digi International at booth 4A-131 during Embedded World 2024, taking place from April 9 to 11, in Nuremberg, Germany.
  • For more information about Digi ConnectCore MP25, including a comprehensive list of features, please visit https://www.digi.com/connectcore-mp2 .

Telit Cinterion Teams with Digi International and Nokia to Transform IoT Connectivity with 5G RedCap Integration; Showcases Live Demo at MWC Barcelona 2024

Retrieved on: 
Wednesday, February 21, 2024

5G RedCap, a foundational 5G technology, addresses the unique requirements of mid-speed IoT applications in the era of 5G Standalone (5G SA) networks.

Key Points: 
  • 5G RedCap, a foundational 5G technology, addresses the unique requirements of mid-speed IoT applications in the era of 5G Standalone (5G SA) networks.
  • In contrast to early 5G technologies tailored for enhanced Mobile Broadband, 5G RedCap reduces performance levels and economic barriers to those needed for mid-speed IoT applications.
  • The state-of-the-art 5G RedCap modules and devices sampled at MWC Barcelona will be available for commercial purchase during the second half of 2024.
  • Telit Cinterion, Digi International and Nokia invite industry professionals to experience the live RedCap integration demonstration during MWC Barcelona 2024 at the Nokia stand in Hall 3 3A2 or to visit Telit Cinterion in Hall 5 5A32.

Digi International Launches Digi IX40, a 5G Edge Computing Industrial IoT Cellular Solution Purpose-Built for Industry 4.0

Retrieved on: 
Tuesday, February 13, 2024

The new Digi IX40 solution helps our customers quickly and cost-effectively take advantage of intelligence at the edge.

Key Points: 
  • The new Digi IX40 solution helps our customers quickly and cost-effectively take advantage of intelligence at the edge.
  • These are some of the key requirements of Industry 4.0 applications.”
    Digi IX40 easily integrates Digi Remote Manager (Digi RM) for rapid configuration, automated security monitoring and simplified management.
  • Likewise, Digi RM supports secure terminal access for out-of-band management of edge devices via serial ports and a command-line interface.
  • Digi Containers , a Digi value-added service, augments the Digi IX40 solution to facilitate cost-effective applications via lightweight Linux containers, giving businesses additional flexibility and scalability for their Industry 4.0 initiatives.

Digi International Reports First Fiscal Quarter 2024 Results

Retrieved on: 
Wednesday, January 31, 2024

We had $5.7 million of interest expense in the first quarter of fiscal 2024, compared to $6.0 million a year ago.

Key Points: 
  • We had $5.7 million of interest expense in the first quarter of fiscal 2024, compared to $6.0 million a year ago.
  • The segment's first fiscal quarter 2024 revenue of $82 million decreased 3% from the same period in the prior fiscal year.
  • The segment's first fiscal quarter 2024 revenue of $24 million decreased 4% from the same period in the prior fiscal year.
  • As announced on January 19, 2024, Digi will discuss its first fiscal quarter results on a conference call on Thursday, February 1, 2024 at 10:00 a.m.

SparkFun and Digi International Announce Collaboration with the Release of XBee Development Tools to Support Cellular IoT from Sensor to Cloud

Retrieved on: 
Tuesday, January 9, 2024

BOULDER, Colo., Jan. 9, 2024 /PRNewswire/ -- SparkFun joins Digi International as a VAR for OEM and launches a series of development boards, combining the popular and robust Digi XBee module with SparkFun's expansive Qwiic Connect Ecosystem. The marriage of these two technologies brings I2C-based rapid-prototyping tools to a wide range of users, from hobbyists to professional R&D developers, who are looking to integrate cellular IoT from sensor to cloud. New development boards include:

Key Points: 
  • Those attending CES will be treated to a live demo of the XBee Sensor Lab, which will use a combination of Qwiic sensors, XBee modules, and SparkFun development boards to demonstrate edge technology.
  • In addition to its line of development boards, SparkFun will sell XBee modules as standalone products that are pre-certified, programmable, and provide over-the-air updates.
  • Together we are supporting the development of cellular IoT solutions from prototype to production," said Glenn Samala, SparkFun CEO.
  • "Between SparkFun's development tools and Digi XBee modules, we believe we can significantly impact users from enthusiasts to professionals and inspire creative new applications."

DigiFest Presented by JDS Creative Academy Opens Submissions to International Festival

Retrieved on: 
Thursday, December 28, 2023

TEMECULA, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- DigiFest® Temecula, now in its eighth year, is proudly presented by nonprofit JDS Creative Academy.

Key Points: 
  • TEMECULA, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- DigiFest® Temecula, now in its eighth year, is proudly presented by nonprofit JDS Creative Academy.
  • The award-winning festival invites visionary artists to submit their creative digital content.
  • DigiFest® Temecula is beyond a film festival; it welcomes entries in Photography, Short Film, Video, Music, Digital Art, Web Design, Animation, Video Games, and Podcasting.
  • Diane Strand, Co-Founder of JDS Creative Academy, and Creator of DigiFest, expresses her enthusiasm, "DigiFest® Temecula transcends the conventional film festival outlet, promising extraordinary exhibits and displays.

Digi International Enters into New Senior Secured Credit Facility

Retrieved on: 
Monday, December 11, 2023

Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced it has entered into a new senior secured credit facility.

Key Points: 
  • Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced it has entered into a new senior secured credit facility.
  • The new bank debt provides Digi a $250 million senior secured revolving credit facility with an accordion feature that provides for additional borrowing capacity of the greater of $95 million or one hundred percent of trailing twelve month adjusted EBITDA.
  • Digi estimates this will save approximately $4 million in interest payments over the first year of the facility.
  • The reduced interest due under the new credit facility is anticipated to generate positive net cash flow in fiscal 2024.