Digi International Inc. (NasdaqGS:DGII) acquired Accelerated Concepts, Inc. for $16.8 million on January 22, 2018. As part of consideration, Digi will make an upfront cash payment of $16.8 million with a potential for future earn-out consideration based on top line performance. Accelerated Concepts will continue to maintain its existing office locations with employees becoming part of the Digi team. The transaction is expected to be accretive for Digi. Digi International Inc. (NasdaqGS:DGII) completed the acquisition of Accelerated Concepts, Inc. on January 22, 2018.