DZS to Acquire Subscriber Access Technology Leader NetComm
DZS Inc. (DZSI)
Last dzs inc. earnings: 3/5 04:02 pm
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Source: GlobeNewswire
DALLAS, May 06, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and software-defined cloud solutions, today announced a binding agreement to acquire NetComm Wireless Pty Ltd. (NetComm). The acquisition of NetComm’s Fiber Extension, Fixed Wireless Access (FWA), Home Broadband and Industrial Internet of Things (IoT) products and patents combined with DZS’ category defining broadband networking and cloud software solutions will create one of the world’s most comprehensive and technologically advanced last mile broadband access portfolios. NetComm has approximately 50 active communications service provider (CSP) and enterprise customers in the United States, Canada, Latin America, Europe, Australia and New Zealand. In addition to the substantial technology synergies, DZS will on-board the majority of the NetComm employees, of which, approximately 60% are research & development and customer care team members. NetComm has a long history of innovation
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DZSI
News
- DZS Inc. Receives Expected Nasdaq Notice Regarding Late Form 10-Q FilingGlobeNewswire
- DZS Inc. (NASDAQ: DZSI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $9.00 price target on the stock.MarketBeat
- DZS Appoints Scott St. John as Chief Customer Officer [Yahoo! Finance]Yahoo! Finance
- DZS Appoints Scott St. John as Chief Customer OfficerGlobeNewswire
- DZS Receives Favorable Nasdaq Listing Decision [Yahoo! Finance]Yahoo! Finance
DZSI
Sec Filings
- 5/17/24 - Form 8-K
- 5/10/24 - Form NT
- 5/7/24 - Form 8-K
- DZSI's page on the SEC website