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Digi International Board Restructures for IoT Focus
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Digi International Board Restructures for IoT Focus

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Digi International ( (DGII) ) has issued an announcement.

Digi International announced the retirement of Sally J. Smith from its Board of Directors, effective after the 2025 Annual Meeting of Stockholders, and the nomination of two new members, Valerie Heusinkveld and Allison West Hughes, to the Board. This strategic move aims to leverage their extensive expertise in technology, finance, and marketing to enhance Digi’s focus on IoT advancements and recurring revenue-based solutions, strengthening its industry position and stakeholder value.

More about Digi International

Digi International (NASDAQ: DGII) is a leading global provider of IoT connectivity products, services, and solutions. Founded in 1985, the company aids clients in developing next-generation connected products and managing critical communications infrastructures with high security and reliability. Digi has connected over 100 million devices worldwide.

YTD Price Performance: 28.19%

Average Trading Volume: 191,017

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.22B

Learn more about DGII stock on TipRanks’ Stock Analysis page.

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