Digi Acquires Particle for Continued Long-Term IoT Support

Particle has been a major player in the IoT space since 2013, enabling companies to build and deploy connected products. Over 250,000 developers have used the company’s developer tools, development kits, and cloud services. Particle powers a wide range of applications from smart hot tubs and connected lobster boats to methane-reduction systems in oil fields and yield optimizations in vineyards and citrus farms.

Recently, Digi, best known as the inventors of XBee and pioneers of wireless radios, acquired Particle for $50 million, placing the company within a profitable, long-established IoT provider.

"This acquisition positions us to lead the shift toward intelligent, connected product platforms and accelerates annual recurring revenue growth for Digi," said Ron Konezny, President and CEO of Digi International.

He added, “By combining Particle and Digi, we now deliver embedded-as-a-service for customers at scale. Together we remove the complexity businesses encounter when embedding connectivity and intelligence for actionable operational insights to drive better business outcomes and efficiencies from edge to cloud.”

Particle said this acquisition doesn’t change anything for its customers. It still plans to continue supporting customers and products while benefiting from additional resources, a broader reach, and a longer-term outlook. Cloud services will also evolve in tandem with new product development, while the existing portfolio remains supported.

What Does the Future Hold for the Digi-Particle Merger?

Looking ahead, Particle plans to integrate Digi hardware into the cloud ecosystem, adding real value. This gives Particle customers more options as projects evolve, while enabling Digi customers to access Particle’s cloud platform and developer tools. Developers using Particle’s kits and single-board computers for early-stage development won’t need to make changes, as everything will still work.

For Particle, this acquisition addresses a long-standing concern shared by customers of venture-backed platforms: long-term stability. As its role in production systems expanded, customers wanted more assurance that platforms would remain supported, stable, and aligned with their needs. 

Digi provides that assurance, thanks to its profitability and decades-long presence in the industrial IoT market. With over 40 years in the industry and a broader portfolio spanning hardware, software, and services, Digi offers the continuity valued by customers and businesses.

Together, the acquisition positions Digi to offer a full edge-to-cloud IoT stack. This combines embedded hardware, connectivity, and a production-ready cloud platform under one roof.

Both companies have a similar market approach. Particle joins Digi’s IoT solutions business unit, integrating its cloud platform into Digi’s broader offering rather than a standalone or experimental product. In the future, Particle and Digi will collaborate on development kits, modules, and single-board computers, merging Digi’s embedded expertise with Particle’s edge-to-cloud infrastructure.