Dzs Inc Stock Price, News & Analysis

On January 25, 2023, Open XR Forum welcomed Innolight Technology, DZS, and LightRiver as new members, aiming to advance software-configurable coherent optical networks using XR optics transceiver technology. This initiative enhances multi-vendor interoperability and high-bandwidth capabilities essential for modern networks. Innolight plans to broaden its product line, potentially lowering customer CAPEX and increasing deployment flexibility. LightRiver emphasizes the economic benefits of XR technology for network operators. DZS highlights the technology’s potential in meeting rising demand for optical broadband and 5G. This collaboration aims to standardize network interfaces and drive the adoption of innovative optical solutions.

DZS (Nasdaq: DZSI), a leader in access and cloud-controlled software solutions, has appointed Tom Carter as Chief Customer Officer for the Americas and EMEA. Carter, formerly of Ciena’s Blue Planet, joins DZS amid a transformative period under CEO Charlie Vogt, during which the company added over 200 new customers and expanded its market share among top communications service providers. DZS has executed strategic acquisitions to enhance its offerings in metro optical and cloud-controlled networking. The company leverages substantial investments exceeding $100 billion for growth and remains focused on innovation in broadband and mobile solutions.

DZS Inc. (NASDAQ: DZSI), a leader in access and optical edge infrastructure, announced participation in the 25th Annual Needham Growth Conference on January 10-11, 2023. The event will take place at the Lotte New York Palace Hotel in New York City, with a presentation scheduled for January 11 at 3:00 p.m. ET. CFO Misty Kawecki and CTO Andrew Bender will represent the company. A webcast of the presentation will be available on the DZS investor relations website.

DZS (NASDAQ: DZSI) successfully participated in the O-RAN ALLIANCE Global PlugFest Fall 2022, showcasing its innovative 5G xHaul solutions. The event involved collaboration with major operators like AT&T and DISH Network across Asia, Europe, and North America. Key products, including the M4000 Converged Transport System and C1200 series Gateways, demonstrated advanced features for 5G deployments. With 106 organizations involved, DZS highlighted its commitment to open standards and multi-vendor solutions, reinforcing its strategy in the rapidly evolving telecommunications landscape.

DZS (NASDAQ: DZSI) has renewed its partnership with TalkTalk Group, the UK’s fourth-largest broadband provider, to enhance broadband experience for its clients using CloudCheck and Expresse solutions. The collaboration aims to improve service quality and operational efficiency for TalkTalk's residential and business customers. TalkTalk plans to leverage DZS technology to minimize call escalations and enhance overall connectivity experience. DZS’s Cloud EDGE solutions ensure network orchestration and connectivity optimization, positioning both companies for better market performance.

DZS Inc. (NASDAQ: DZSI) has announced a public offering of 3,377,315 shares of common stock at $11.50 per share, with total gross proceeds expected to reach approximately $28.8 million. Of the shares, 2,507,750 are offered by the Company and 869,565 by a selling stockholder. The offering is set to close on or around November 21, 2022, subject to customary conditions. The proceeds will be used for general corporate purposes including R&D and working capital. The underwriters have a 30-day option to purchase additional shares.

DZS Inc. (NASDAQ: DZSI) announced a public offering of 2,507,750 shares of its common stock, alongside 869,565 shares from DASAN Networks, Inc. The company expects to grant underwriters a 30-day option to purchase up to an additional 15% of the shares. Proceeds will fund general corporate purposes including R&D and working capital. The offering is subject to market conditions and will be executed under a shelf registration statement declared effective on May 11, 2022. Cowen and Stifel are the joint book-running managers for this offering.