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Digi International acquires Disruptive Technologies

Erik Færevaag sold Disruptive Technologies to Digi International for around NOK 1.3 billion after steering the company out of a crisis, and he retains shares valued at NOK 125 million.

Nordic Startup News desk Based on reporting by Shifter · Single-source report
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Erik Færevaag guided Disruptive Technologies through a period of crisis and ultimately secured a sale of the sensor company to Digi International for about NOK 1.3 billion. Færevaag’s turnaround work included lifting operating revenues and actively seeking an acquirer, culminating in what he described as a strong strategic match with Digi International.

Following the transaction, Færevaag holds shares with a reported value of NOK 125 million. The sale marks a significant exit for the business he led through the recovery and positioned for acquisition.

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Digi International acquires Disruptive Technologies

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ShifterNO source · English rendering Open source

Digi International acquires Disruptive Technologies

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