Digi International’s $347 Million Acquisition of Ventus

Mayer Brown represented Ventus Holdings in the transaction.

Digi International (NASDAQ: DGII), a leading global provider of Internet of Things connectivity products and services, finalized its $347 million acquisition of Ventus Holdings, a leader in Managed Network-as-a-Service solutions that simplify the complexity of enterprise wide area network connectivity. 

The acquisition represents the largest in Digi’s 36-year history, and will enable the company to provide software and subscription service plans along with its award-winning hardware, thereby strengthening its position as a supplier of complete, high-value networking solutions.

The Mayer Brown team was led by Corporate & Securities partners Paul Theiss (Picture) and Joe Castelluccio and included Litigation & Dispute Resolution partner Vivek Mohan and counsel Maritoni Kane and Meytal McCoy; Government & Global Trade partners Angela Giancarlo and Howard Waltzman; Tax Transactions & Consulting partners Jason Bazar and Leah Robinson and associate Stephanie Wood; Employment & Benefits partner Stephanie Vasconcellos; and Corporate & Securities associates Brandon Birdsall, Blair Christian, Miller Lulow and Michael Russo.

Involved fees earner: Jason Bazar – Mayer Brown; J. Brandon Birdsall – Mayer Brown; Joseph Castelluccio – Mayer Brown; Angela Giancarlo – Mayer Brown; Maritoni Kane – Mayer Brown; Miller Lulow – Mayer Brown; Meytal McCoy – Mayer Brown; Vivek Mohan – Mayer Brown; Paul Theiss – Mayer Brown; Leah Robinson – Mayer Brown; Michael Russo – Mayer Brown; Stephanie Vasconcellos – Mayer Brown; Howard Waltzman – Mayer Brown; Stephanie Wood – Mayer Brown;

Law Firms: Mayer Brown;

Clients: Ventus ;