Digi International News

The two companies will work closely together to solve customers' wireless design challenges using the Energy Micro EFM32 Gecko range of microcontrollers.

Energy Micro, the energy friendly microcontroller and radio company, today announced a strategic relationship with Spectrum Design Solutions, a division of that provides wireless design services.

For most of the quarter, analysts' checks for Cisco Systems were tracking below expectations, and this showed up last month when Cisco's peers reported earnings.

The firm currently has a "hold" rating on the stock. Digi International traded down 16.35% on Friday, hitting $9.36. Digi International has a 1-year low of $8.98 and a 1-year high of $15.39. The company has a market cap of $240.4 million and a price-to-earnings ratio of 30.33. The company last announced its quarterly results on Thursday, April ... (more)