Digi International News

Digi International has introduced the ConnectPort X2e for Smart Energy, a low cost, enhanced version of the company's ZigBee Smart Energy gateway.

Digi International today announced that the Iridium satellite network now supports the iDigi Device Cloud a . Similar to cellular SMS, Digi devices with an Iridium data transceiver inside can now send and receive data via the iDigi Device Cloud over the Iridium network.

Digi International announced a ZigBee-based home energy gateway that runs Linux on a Freescale i.MX28 processor.

Digi International today introduced the ConnectPort X2e for Smart Energy, a low-cost, enhanced version of the company's ZigBee Smart Energy gateway.

Research analysts at Morgan Keegan decreased their price target on shares of Digi International to $13.00 in a report issued on Friday.

The 10-second takeaway For the quarter ended Dec. 31 , Digi International met expectations on revenue and crushed expectations on earnings per share.

Revenue for Fourth Fiscal Quarter and Full Year 2011 Increases by 9.7% and 11.8%, Respectively, Compared to Fourth Fiscal Quarter and Full Year 2010 Revenue of $51.8 million in the fourth fiscal quarter of 2011 grew by $4.5 million, or 9.7%, compared to $47.3 million in the fourth fiscal quarter of 2010.