Remote access company Digi has broadened its expansion plans with the $18 million acquisition of Central Data, which specialises in Universal Serial Bus (USB) technologies.
The move follows Digi's acquisition of German company ITK International for $25 million on 3 July. Digi said it bought that company to strengthen its position in the server based comms market.
But Central Data is a different kettle of fish. The company specialises in producing serial port solutions for both local and remote access communications and already markets USB products.
Central Data has a turnover of around $15 million and has a product set for NT, Win98, Unix and Java platforms, aimed at easy configuration, said Digi.
The US firm currently employs 44 staff and sells its products through a combination of direct and indrect channels, including OEMs. Applications for the products include point of sale, remote access, factory automation and Internet access.
According to Jerry Dusa, Digi's CEO, the takeover will broaden its own Portserver product line and increase its customer base, as well as giving it a leapfrog in USB technology. Central Data will be consolidated into the Digi superstructure and the deal is accounted for by a share deal between the two companies.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago