<SEC-DOCUMENT>0001299933-15-000281.txt : 20150224
<SEC-HEADER>0001299933-15-000281.hdr.sgml : 20150224
<ACCEPTANCE-DATETIME>20150223174337
ACCESSION NUMBER:		0001299933-15-000281
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150218
ITEM INFORMATION:		Cost Associated with Exit or Disposal Activities
FILED AS OF DATE:		20150224
DATE AS OF CHANGE:		20150223

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DIGI INTERNATIONAL INC
		CENTRAL INDEX KEY:			0000854775
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		IRS NUMBER:				411532464
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34033
		FILM NUMBER:		15641137

	BUSINESS ADDRESS:	
		STREET 1:		11001 BREN ROAD EAST
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55343
		BUSINESS PHONE:		(952) 912-3444

	MAIL ADDRESS:	
		STREET 1:		11001 BREN ROAD EAST
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55343
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_51337.htm
<DESCRIPTION>LIVE FILING
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<TITLE> Digi International Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	February 18, 2015
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	Digi International Inc.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Delaware
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	001-34033
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	41-1532464
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	11001 Bren Road East, Minnetonka, Minnesota
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	55343
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
	(Zip Code)
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	Registrant&#146;s telephone number, including area code:
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	952-912-3444
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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	Item 2.05 Costs Associated with Exit or Disposal Activities.
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On February 18, 2015 our Board of Directors approved a restructuring plan designed to improve our operational efficiency and overall profitability.  The restructuring plan was announced to our employees on February 20, 2015.    The restructuring primarily relates to aspects of our services business.  <br><br>Under the plan we expect to eliminate between 25-30 employment positions in the current fiscal quarter that ends March 31, 2015.  These position eliminations are expected to impact primarily jobs associated with selling and developing broad based end-to-end Internet of Things solutions that are not related to sales of our own hardware products.  We are also taking steps to rationalize the number of employees who are dedicated to delivering CRM implementation services so this business is scaled appropriately to current and expected levels of revenue.<br><br>In connection with the restructuring plan we expect to incur charges of approximately $400,000 to $500,000 in the current fiscal quarter that ends March 31, 2015. The charges consist almost entirely of cash compensation expense associated with the elimination of employment positions as described above.  <br><br>We previously announced plans to close our facility in India.  The restructuring plan described above as well as the India facility closure are expected to result in total annualized savings of approximately $4 million to $5 million.<br><br>
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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	Digi International Inc.
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	February 23, 2015
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	By:
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<I>
	Steven E. Snyder
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	Name: Steven E. Snyder
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	Title: Senior Vice President, Chief Financial Officer and Treasurer
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