DZS

DZS Inc.
Company typePublic
OTC Pink: DZSI
Nasdaq: DZSI
IndustryCommunication Equipment
Founded1999; 25 years ago (1999)
Headquarters Plano, Texas
Key people
Charlie Vogt (CEO)
Misty Kawecki (CFO)
RevenueIncrease US$376 million (FY 2022)[1]
Decrease US$3 million (FY 2022)[1]
Decrease US$4 million & US$0.15 per share (FY 2022)[1]
Number of employees
800
Websitedzsi.com

DZS Inc. is a provider of fiber access and optical telecommunications networking and cloud software technology. The company was founded in 1999. It is headquartered in Plano. DZS is ISO 9001:2008 certified in the manufacture and service of telecommunications equipment.

Corporate history

DZS was founded as Zhone Technologies in September 1999 by former executives of Ascend Communications Jeanette Symons, Mory Ejabat and Robert Dahl.

In July 2005, Zhone acquired Paradyne Networks, Inc. for US$183.6 million.[2]

In 2016 Zhone Technologies merged with DASAN Network Solutions to form DASAN Zhone Solutions Inc. (DZSI)[3]

In August 2020, Charlie Vogt was named CEO and DASAN Zhone became DZS.[4]

Acquisitions

DZS has acquired the following companies since 2020:

  • Adaptive Spectrum and Signal Alignment, Inc. (ASSIA) [5]
  • RIFT [6]
  • Optelian[7]
  • Products
  • Access Edge
  • Subscriber Edge
  • Optical Edge
  • Cloud Edge
  • Professional Services

Major Customers

  • Rakuten Symphony
  • TalkTalk
  • KT formerly Korea Telecom
  • Liberty Latin America
  • Telus

References

  1. ^ a b c "DZS Releases Fourth Quarter 2022 Financial Results" (PDF).
  2. ^ EETimes (2005-07-11). "Zhone to acquire Paradyne for $184 million". EE Times. Retrieved 2024-05-28.
  3. ^ Hettmansperger, Leny (2016-09-13). "Zhone Technologies Merges With DASAN Network Solutions To Become A Significant Global Telecom Player (NASDAQ:DZSI) | Seeking Alpha". seekingalpha.com.
  4. ^ "Broadband World News - Dasan Zhone becomes DZS, outlines plan under new CEO". Broadband World News. Retrieved 2023-04-11.
  5. ^ "DZS to Acquire ASSIA". TV Technology. 3 May 2022. Retrieved 3 May 2022.
  6. ^ "StackPath". www.lightwaveonline.com. Retrieved 2023-04-11.
  7. ^ Robuck, Mike. "DZS snags coherent optics vendor Optelian". Fierce Telecom. Retrieved 2023-04-11.