“The NetComm acquisition underscores our commitment to provide communications service providers and enterprise customers with a comprehensive set of connectivity solutions that has now been expanded to include distribution point units (DPUs), WiFi, Fixed Wireless Access (FWA) and industrial Internet of things (IIoT) products,” said
In conjunction with the acquisition,
“The investment team at EdgeCo and our affiliates have been following the evolution of DSL to PON for more than 20 years and upon Charlie Vogt’s appointment as President & CEO of DZS in 2020, we increased our focus across the broadband market segment,” said
The combination of DZS’ Broadband Networking and
DZS’ broadband solutions are uniquely designed for the network edge, including the connected devices that interface with subscribers, enterprise users and machines, and the cloud software that orchestrates, automates and optimizes the experience for end users and network operators. Leveraging higher performance, lower latency and measured quality-of-service optimized for broadband everywhere, including licensed wireless and WiFi complemented by AI-influenced software solutions, DZS is redefining how optical networking and intelligent software simplify and unify broadband services at the network edge.
Key benefits and NetComm connectivity portfolio:
- Expanded Customer Footprint: NetComm’s customers encompass
the United States ,Canada ,Europe ,Australia and New Zealand (ANZ) andLatin America . The combined portfolio of customers enables DZS to provide service providers and enterprise customers with a comprehensive broadband networking, connectivity and cloud software portfolio. - Technology:
- Connected Home: WiFi 6/6E/7 solutions
- Fiber Extension: DPU solutions for multiple dwelling units (MDUs) and fiber-to-the-curb applications
- Fixed Wireless Access (FWA): 4G/5G and 5G millimeter wave solutions
- Connected Enterprise: IIoT connectivity solutions leveraging 4G/5G wireless and WiFi technologies
- Software Expansion: DZS will integrate its network assurance and WiFi experience management solutions with NetComm’s Connected Home, Fiber Extension and FWA solutions.
- Increased Scale: NetComm increases the scale of DZS providing new growth opportunities across the combined customer and regional landscape.
About DZS
DZS (Nasdaq: DZSI) a developer of Network Edge, Connectivity and
DZS, the DZS logo, and all DZS product names are currently trademarks of
This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management as of the date hereof. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company’s
For further information see: www.dzsi.com.
DZS on Twitter: https://twitter.com/dzsi_innovation
DZS on LinkedIn: https://www.linkedin.com/company/dzs/
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Investor Inquiries:Ted Moreau , Vice President, Investor Relations Email: IR@dzsi.com Press Inquiries:Kenny Vesey , Thatcher+Co. Phone: +1 973.518.3644 Email: kvesey@thatcherandco.com
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