DZS explained

DZS Inc.
Type:	Public
Traded As:	NASDAQ:
Location:	Plano, Texas
Key People:	(CEO) (CFO)
Num Employees:	800
Revenue:	(FY 2022)^[1]
Operating Income:	(FY 2022)^[2]
Net Income:	& (FY 2022)^[3]
Industry:	Communication Equipment

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 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.^[4]

In 2016 Zhone Technologies merged with DASAN Network Solutions to form DASAN Zhone Solutions Inc. (DZSI)^[5]

In August 2020, Charlie Vogt was named CEO and DASAN Zhone became DZS.^[6]

Acquisitions

DZS has acquired the following companies since 2020:

• Adaptive Spectrum and Signal Alignment, Inc. (ASSIA) ^[7]
• RIFT ^[8]
• Optelian^[9]
• Products
• Access Edge
• Subscriber Edge
• Optical Edge
• Cloud Edge
• Professional Services

Major Customers

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

External links

• Web site: Zhone Technologies Inc. . Yahoo Business profile . August 15, 2011 .

Notes and References

1. Web site: DZS Releases Fourth Quarter 2022 Financial Results.
2. Web site: DZS Releases Fourth Quarter 2022 Financial Results.
3. Web site: DZS Releases Fourth Quarter 2022 Financial Results.
4. Web site: EETimes . 2005-07-11 . Zhone to acquire Paradyne for $184 million . 2024-05-28 . EE Times.
5. Web site: 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 . en.
6. Web site: Broadband World News - Dasan Zhone becomes DZS, outlines plan under new CEO . 2023-04-11 . Broadband World News.
7. 3 May 2022. DZS to Acquire ASSIA. TV Technology. 3 May 2022.
8. Web site: StackPath . 2023-04-11 . www.lightwaveonline.com.
9. Web site: Robuck . Mike . DZS snags coherent optics vendor Optelian . 2023-04-11 . Fierce Telecom.