Digi International acquires Particle Industries

Our firm is pleased to highlight the announcement of Digi International's acquisition of Particle Industries, a transaction aimed at accelerating annual recurring revenue (ARR) growth and consolidating a comprehensive portfolio of end-to-end IoT solutions that integrates hardware, connectivity, device management, and cloud services. The combination will strengthen the value proposition for enterprise customers and the developer community, driving product innovation and business expansion across multiple industries.

Santamarina + Steta served as legal counsel to Digi International in Mexico, with a team led by partner Jorge Leon Orantes and associate Lisa Carral Flores, and Faegre Drinker Biddle & Reath LLP acted as lead legal counsel to Digi International.