DZS

DZS to Acquire Subscriber Access Technology Leader NetComm

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월요일, 5월 6, 2024
Cloud, ISP, Research, Geography, Internet of things, Economics, Partnership, Wi-Fi, Aussie Broadband, Culture, Senior, Bell Canada, FWA, Acquisition, U.S. Cellular, Wireless, CSP, IOT, Australian Securities Exchange, Industrial, DZS, Internet service provider

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).

Key Points: 
  • 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).
  • 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 in developing differentiated broadband access technology with a focus on quality, performance and operational simplicity including self-install capabilities.
  • DZS’ dedication to innovation makes them an ideal company to acquire NetComm.”
    “More Telecom has a valued and longstanding relationship with NetComm,” said Andy Branson, CEO, More Telecom.

DZS Appoints Scott St. John as Chief Customer Officer

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목요일, 4월 25, 2024
Acceleration, Software, Business development, Traction, ANZ, Intelligence, Automation, Adtran, Marketing, ROADM, Government, DZS, Growth

DALLAS, April 25, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced it has appointed Scott St. John as Chief Customer Officer, reporting directly to CEO Charlie Vogt.

Key Points: 
  • DALLAS, April 25, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced it has appointed Scott St. John as Chief Customer Officer, reporting directly to CEO Charlie Vogt.
  • Mr. St. John will be responsible for leading global sales for DZS and will be focused on driving accelerated revenue growth across the Americas and Europe, Middle East and Africa (EMEA) and Australia/New Zealand (ANZ) regions.
  • Prior to DZS, he served as Chief Sales Officer for ADVA until the merger with Adtran where he managed a global team of over 450 employees and increased sales to approximately €700 million per year.
  • Gunter Reiss will continue to serve as Chief Marketing Officer and lead Business Development for DZS.

DZS Receives Favorable Nasdaq Listing Decision

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수요일, 4월 24, 2024
Committee, Audit committee, BDO, Bank statement, DZS, Corporate governance, Management

DALLAS, April 24, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced that by decision dated April 23, 2024, the Nasdaq Hearings Panel (the “Panel”) granted the request of DZS Inc. (the “Company”) for continued listing on The Nasdaq Stock Market (“Nasdaq”), subject to the Company’s compliance with Nasdaq’s filing requirement by August 5, 2024, among other conditions.

Key Points: 
  • DALLAS, April 24, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced that by decision dated April 23, 2024, the Nasdaq Hearings Panel (the “Panel”) granted the request of DZS Inc. (the “Company”) for continued listing on The Nasdaq Stock Market (“Nasdaq”), subject to the Company’s compliance with Nasdaq’s filing requirement by August 5, 2024, among other conditions.
  • “We are pleased with the Panel’s decision to grant DZS an extension to become current in our SEC filing obligations,” said Misty Kawecki, Chief Financial Officer, DZS.
  • The Board will consider whether to fill the vacancy or decrease the Board size to seven following the effectiveness of Mr. Schopp’s resignation.
  • The bold vision and strategy Charlie brought to the Company in 2020 is being executed by a talented management team which has DZS poised for future success.”

DZS Appoints Brian Chesnut as Chief Accounting Officer

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월요일, 4월 22, 2024
Jacobs Solutions, BDO, CFO, ERP, DZS, Management

DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced that Brian Chesnut has been appointed as the company’s Chief Accounting Officer (CAO), reporting directly to Chief Financial Officer (CFO), Misty Kawecki.

Key Points: 
  • DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced that Brian Chesnut has been appointed as the company’s Chief Accounting Officer (CAO), reporting directly to Chief Financial Officer (CFO), Misty Kawecki.
  • Mr. Chesnut will be responsible for working closely with the CFO, senior leadership and the company’s new independent public accounting firm, BDO USA, overseeing all corporate accounting functions including reporting, governance and internal controls.
  • Brian’s deep knowledge and strategic insights will strengthen our financial operations and support DZS’ mission to deliver cutting-edge broadband networking and AI-driven cloud software solutions.”
    Mr. Chesnut is an accomplished executive who brings to DZS nearly 15 years of accounting leadership experience.
  • "I am thrilled to join DZS during such a pivotal time in the company’s history,” said Mr. Chesnut.

DZS Completes Divestiture of Asia Business

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금요일, 4월 5, 2024
DWDM, Automation, DASAN Networks, Letter, Sabre, BABA, Second, Growth, Panel, ANZ, BDO, Research, Sale, Acquisition, Software, Security (finance), Wi-Fi, DNI, DZS, Investment, Annual report, File, CSP, Velocity, Government, Delinquent, Hearing, ROADM

On Jan. 5, 2024, DZS signed a definitive agreement to sell its Asia operations to DNI, for $48 million (including the elimination of $43 million in debt).

Key Points: 
  • On Jan. 5, 2024, DZS signed a definitive agreement to sell its Asia operations to DNI, for $48 million (including the elimination of $43 million in debt).
  • With the sale of the Asia business, DZS is expected to be better positioned to achieve higher blended margins, and with a higher percentage of its total revenue resulting from recurring and reoccurring licenses related to its software-centric solutions.
  • DZS believes that service providers are deemphasizing closed, proprietary and high security-risk solutions and are increasingly adopting open, standards-based, software-defined solutions.
  • The notification letter has no immediate effect on the listing or trading of DZS common stock on the Nasdaq Capital Market.

The City of Cabot and Connect2First Bridge Digital Divide in Arkansas with Help from DZS and Irby

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월요일, 3월 25, 2024
GPON, ISP, Internet, City, Communication, CARES Act, Quality of life, Wi-Fi, Marketing, FTTP, DZS, First Electric Cooperative, Access, Wi-Fi Alliance, Digital divide, Velocity, Internet service provider

“The City of Cabot is thrilled to be able to leverage the proven expertise of Connect2First, who already had a presence in the city and was currently serving surrounding areas with a highly regarded and reliable service.

Key Points: 
  • “The City of Cabot is thrilled to be able to leverage the proven expertise of Connect2First, who already had a presence in the city and was currently serving surrounding areas with a highly regarded and reliable service.
  • This project uses DZS Velocity V14, V6, and V2 multi-terabit and environmentally hardened Fiber-to-the-Premises (FTTP) optical line terminals (OLTs).
  • DZS and Irby prepare electric cooperatives, municipalities and other broadband innovators for the future of broadband.
  • Their systems, which feature industry-leading capacity, future-ready performance and open architectures, aim to accommodate multi-vendor scenarios and emerging service demands seamlessly.

Infinera to Showcase Advances in Optical Networking Solutions at OFC 2024

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수요일, 3월 20, 2024
OLS, ZR, Solution selling, Coherent Solutions, Convention, Network, Arista Networks, SAN, Interconnect, Optica, Shadow, AI, Marketing, DZS, Modularity, Product management, Expo Hall, Indium, Computer data storage

SAN JOSE, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that it will showcase key elements of its multiyear vision and strategy for connecting the world in the terabit era at OFC 2024 , to be held March 26-28 in San Diego, California.

Key Points: 
  • SAN JOSE, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that it will showcase key elements of its multiyear vision and strategy for connecting the world in the terabit era at OFC 2024 , to be held March 26-28 in San Diego, California.
  • Delivering the lowest cost and power per bit while dramatically increasing flexibility, Infinera solutions include groundbreaking innovations in coherent optics, the latest advances in networking technology, and a new suite of open automation tools to enable seamless and efficient multi-vendor operations.
  • ICE-X 800G Intelligent Coherent Pluggables – Infinera’s newest pluggable module is the industry’s first multi-vendor-interoperable, multi-haul ZR/ZR+ coherent solution.
  • The ICE-X 800G showcase will include an augmented reality tour of the technology, design elements, and key differentiators.

DZS and Infinera to Demo Game-Changing ICE-X Coherent Pluggable Solutions for Mobile xHaul and Advanced Business Services at OFC

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수요일, 3월 20, 2024
Optical networking, Optics, Conference, Capital expenditure, XR, SVP, Carbon footprint, Passive optical network, OPEX, Coherence, DZS, PON, Tourism

Chief Product Officer, DZS.

Key Points: 
  • Chief Product Officer, DZS.
  • The integrated solution enables service providers to cost-efficiently deliver 25GE, 50GE, 75GE, 100GE and 200GE enterprise-class services over current Passive Optical Networking (PON) infrastructure.
  • The ability to transmit bi-directional high-speed services over a single fiber will also enable network operators to rapidly and cost-effectively expand their networks for 5G and beyond.
  • The Saber 2200 can also be seen at DZS booth #1348 at OFC.

BoFiNet Leverages Market-Leading DZS Technology to Power Botswana’s Largest Fibre Network

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월요일, 3월 11, 2024
Internet, GPON, DZS, Growth, Wi-Fi, Human, City, FTTB, FTTX, Automation, Botswana Fibre Networks, Internet service provider

Armed with DZS solutions, BoFinet’s customers can deliver the latest generation of fibre-enabled services to their end-users.

Key Points: 
  • Armed with DZS solutions, BoFinet’s customers can deliver the latest generation of fibre-enabled services to their end-users.
  • “We needed proven, reliable, cost-effective fibre technology that would allow us to easily scale and rapidly deploy the next-generation communications services our customers and their end-users are demanding,” said Mr. Keabetswe Segole, Chief Executive Officer at BoFiNet.
  • “DZS fulfilled all of these requirements in addition to offering an outstanding professional services team to help implement this important initiative.
  • DZS optical network terminals (ONTs) provide wired connectivity within the residence and enterprise, while advanced DZS mesh gateway solutions enable carrier-class WiFi for whole-home and business coverage.

DZS Optical Transport and SDN/NFV Platforms Honored by Lightwave Innovation Review

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수요일, 2월 28, 2024
Cloud, Senior, Comment, DZS, Intelligence, RDM, DWDM, ROADM, Access, Conference, Broadband Forum, Control, Automation, LightWave 3D, Optics, CDC, Software, Environment, InterNetNews, Multiplexer, Renewable energy

DALLAS, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that its DZS Saber 4400 ROADM optical transport module, RDM-4400 , and DZS Xtreme orchestration and automation software platform have been recognized with “Excellent” scores of 4.0 and 4.5 respectively by the 2024 Lightwave Innovation Review .

Key Points: 
  • DALLAS, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that its DZS Saber 4400 ROADM optical transport module, RDM-4400 , and DZS Xtreme orchestration and automation software platform have been recognized with “Excellent” scores of 4.0 and 4.5 respectively by the 2024 Lightwave Innovation Review .
  • Each product was honored by a distinguished panel of industry luminaries for “technical features and performance that provide clear and substantial benefits.” The Lightwave Innovation Review honors companies and products on the cutting-edge of optical network innovation.
  • This marks the second consecutive year that DZS has garnered multiple High-Score Recipient honors.
  • “On behalf of the Lightwave Innovation Reviews, I would like to congratulate DZS on achieving a well-deserved level honoree status,” said Sean Buckley, Editor-in-Chief, Lightwave.