DZSI - Mergers and acquisitions

Transaction expands the strategic partnership between both companies and enables DZS to focus on its category-defining Broadband Networking, Connectivity and Cloud Edge portfolio DALLAS and IRVINE, Calif., Oct. 16, 2024 /PRNewswire/ -- DZS (OTC:DZSI), a global leader of Networking, Connectivity and Cloud Edge software solutions and AXON Networks (AXON), a global leader of advanced Service  Management and Orchestration solutions, today announced the acquisition of DZS' Service Assurance and WiFi Management software portfolio by AXON Networks. The all-cash, $34 million transaction transfers all CloudCheck, Expresse and TruSpeed assets and IP patents to AXON, along with a highly skilled develo

DALLAS and IRVINE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- DZS (OTC:DZSI), a global leader of Networking, Connectivity and Cloud Edge software solutions and AXON Networks (AXON), a global leader of advanced Service Management and Orchestration solutions, today announced the acquisition of DZS' Service Assurance and WiFi Management software portfolio by AXON Networks. The all-cash, $34 million transaction transfers all CloudCheck, Expresse and TruSpeed assets and IP patents to AXON, along with a highly skilled development team and long-time marquee customers. These products will be integrated into AXON's Network-as-a-Service (NaaS) portfolio, while DZS will focus its development and go-to

Launches DZS Cloud to deliver a best-in-class, open, modularized, cloud-native software platform focused on eliminating network service and vendor siloes PLANO, Texas, March 04, 2021 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of intelligent, packet-based mobile transport and broadband access solutions, today announced that it has acquired network orchestration and automation solutions innovator RIFT. The acquisition includes the award-winning, carrier-grade RIFT.ware software platform that simplifies the deployment of any slice, service or application on any cloud. This acquisition builds upon the 20 million mobile and fixed broadband products DZS has deployed in more tha

PLANO, Texas, Feb. 08, 2021 (GLOBE NEWSWIRE) -- DZS (NASDAQ: DZSI), a global leader of intelligent, packet-based mobile transport and broadband access converged edge solutions representing communications service providers and enterprise customers in more than 100 countries, today announced it has completed its acquisition of Optelian, an innovator of coherent optics technology based in Ottawa, Ontario, Canada. With the closing of this transaction, DZS acquires Optelian’s portfolio of optical transport solutions, including solutions that have completed the Telcordia OSMINE certification process required for deployment by Tier I service providers in North America. The new optical transport p

PLANO, Texas., Jan. 20, 2021 (GLOBE NEWSWIRE) -- DZS (NASDAQ: DZSI), a global leader of mobile transport, broadband access and enterprise networking solutions representing communications service providers and enterprise customers in more than 100 countries, today announced it has signed a definitive agreement to acquire Optelian, a leading optical networking solution provider based in Ottawa, Ontario, Canada, and its portfolio of optical transport solutions. The Optelian solutions have completed the Telcordia OSMINE certification process required for deployment by Tier 1 service providers in North America and will form a new DZS “O-series” product line that will enhance the DZS Mobile Tran