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Product category: Wireless Communications
News Release from: Digi International
Edited by the Electronicstalk Editorial Team on 03 August 2006

Wireless acquisition is a natural fit

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Digi International has acquired MaxStream, a fast-growing privately held corporation and a leader in the wireless device networking market.

Digi International has announced the acquisition of MaxStream, a fast-growing privately held corporation and a leader in the wireless device networking market The acquisition is a merger transaction for $38.5 million of cash and stock, with $19.25 million paid in cash and $19.25 million in Digi stock