Welcome to our dedicated page for Dzs news (Ticker: DZSI), a resource for investors and traders seeking the latest updates and insights on Dzs stock.
DZS Inc. (DZSI) news covers developments around its role as a developer of Network Edge and Connectivity systems and Cloud Edge software solutions that enable broadband everywhere. Company press releases highlight how its technology is used by communications service providers and enterprises in broadband access, network edge and cloud-managed environments.
Visitors to this news page can review updates on DZS projects and customer deployments, such as fiber-to-the-premises initiatives in rural areas and fiber-based networking in hospitality and enterprise venues. Recent announcements describe how DZS Velocity fiber access systems, Helix connected edge Wi-Fi solutions and FiberLAN platforms are being deployed to support symmetrical gigabit and multi-gigabit broadband services, as well as advanced communications capabilities in complex properties.
The news feed also includes information on strategic portfolio actions, including the sale of DZS’s service assurance and WiFi management software portfolio to AXON Networks and the sale of its enterprise Industrial IoT solutions portfolio to Lantronix. These items provide context on how the company is concentrating on its broadband networking, connectivity and Cloud Edge software portfolio.
In addition, DZS issues updates on topics such as Build America Buy America (BABA) certification for equipment intended for Broadband Equity, Access, and Deployment (BEAD) Program projects, participation in micro-cap investor conferences, and quarterly financial results. Investors, analysts and industry observers can use this page to follow how DZS positions its networking and broadband solutions, its involvement in government-supported broadband programs, and its ongoing corporate and financial disclosures.
DZS (Nasdaq: DZSI) announced the acquisition of NetComm Wireless Pty , enhancing its broadband networking and cloud software portfolio. The deal brings in NetComm's products and patents, expanding DZS' last-mile broadband access offerings. The acquisition, expected to close in Q2 2024, includes technology synergies, onboarding of NetComm employees, and a customer base across various regions. DZS will pay $7 million at closing, with a potential earn-out of up to $3 million based on 2024 revenue targets.
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