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Stock impact report

DZS Announces Intent to Acquire KEYMILE

DZS Inc. (DZSI) 
Last dzs inc. earnings: 3/5 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: dasanzhone.com/about/investor-relations
Company Research Source: GlobeNewswire
OAKLAND, Calif., Oct. 08, 2018 (GLOBE NEWSWIRE) -- DASAN Zhone Solutions, Inc. (NASDAQ: DZSI or the "Company"), a global leader in fiber access transformation for enterprise and service provider networks, announced its intent to acquire KEYMILE, a leading solution provider and manufacturer of telecommunication systems for broadband access. The acquisition will bring together two major broadband vendors to empower global service providers with freedom of choice and to advance the internet connection experience to their customers. Founded in 2002 and headquartered in Hanover, Germany, KEYMILE offers a series of multi-service access platforms for FTTx network architectures, including ultra-fast broadband copper access based on VDSL/Vectoring & G. Fast technology. With this acquisition, DZS will further expand its footprint in the global broadband access market and gain exposure to hundreds of customers. KEYMILE has strong regional presence in Europe, Latin America and other regions wh Show less Read more
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