Digi International completed the acquisition of Ventus Holdings for $347m.

Digi International, a provider of Internet of Things connectivity products and services, completed the acquisition of Ventus Holdings, a network services provider, for $347m. “Our primary goal is to simplify the deployment and management of sophisticated and distributed enterprise network. Our acquisition of Ventus leverages our unique understanding of the evolving connectivity needs and challenges enterprises face today--from wide geographic footprints to large numbers of dynamic and intelligent endpoints. We’re proud to renew our commitment to reducing the complexities of network and endpoint connectivity, as well as simplifying the building, hosting deploying, monitoring, and maintenance of secure, disruption-free WAN networks," Ron Konezny, Digi International President and CEO.