Digi acquires Smart Temps to extend cold-chain offering
January 31, 2017
M2M connectivity company Digi has acquired Smart Temps, a provider of real-time foodservice temperature management for restaurant, grocery, education and hospital settings as well as real-time temperature management for pharmacy, blood bank and laboratory environments. Terms of the transaction were not disclosed.
With its third strategic acquisition in 15 months, Digi has established itself in the cold-chain industry with more than 10,000 locations under management. The acquired Smart Temps technology will continue to be supported, as well as leveraged within Digi’s existing products and services, to expand its portfolio of products for the cold-chain market.
“In addition to strengthening our leadership position in the foodservice industry, this acquisition provides Digi with a strategic entry point into the education and healthcare markets,” said Ron Konezny, president and chief executive officer of Minnesota-based Digi International. “Our objective is to identify the best ideas and technologies across our cold-chain portfolio to bring the most advanced solutions to market.”
Indiana-based Smart Temps team, led by CEO John Miller, has more than 50 years of experience in bringing wireless temperature monitoring to various food service environments. Its educational product provides menu integration capabilities, which decreases the time it takes to perform manual temperature tasks. Miller and the Smart Temps employees will become part of the Digi cold-chain team and will report to COO Kevin Riley.
“Our two companies together will bring industry-leading technology to market, so that our customers can be assured of the highest level of safety for their food and healthcare monitoring,” said Miller. “We are excited to be part of Digi’s growing leadership in temperature monitoring and look forward to continuing to expand our service offerings.”
Digi cold-chain brands currently being marketed include Digi Honeycomb, FreshTemp and Smart Temps.