January 20, 2021
PLANO, Texas – DZS (NASDAQ: DZSI), a global leader of mobile transport, broadband access and enterprise networking solutions representing communications service providers and enterprise customers in more than 100 countries, today announced it has signed a definitive agreement to acquire Optelian, a leading optical networking solution provider based in Ottawa, Ontario, Canada, and its portfolio of optical transport solutions.
The Optelian solutions have completed the Telcordia OSMINE certification process required for deployment by Tier 1 service providers in North America and will form a new DZS "O-series" product line that will enhance the DZS Mobile Transport portfolio with environmentally hardened optical transport products optimized for mobile backhaul.
Optelian's optical transport solutions will complement DZS's market-leading 4G / 5G xHaul Mobile Transport portfolio that are currently deployed in five Tier 1 mobile networks. The new line-up of optical transport products will also add metro and regional aggregation and transport options for Broadband Access solutions. In addition to intellectual property and products, the transaction will bolster DZS R&D, operations, sales and corporate functions.
The acquired assets will enhance the DZS xHaul and broadband access solutions portfolios with optical systems that complement the extensive DZS portfolio of packet-based products. The result will be a comprehensive solutions portfolio with both optical and packet-based networking options that can deliver world-class performance, flexibility, scalability and ultra-low latency to the fast growing 5G and 10gig-class optical broadband markets worldwide. In addition, the O-series products will bring advanced thermal design and carrier grade reliability, making them the first 100G and above transport solutions to deliver flexibility for network edge, remote and industrial deployment scenarios. Optelian has historically provided dynamic, carrier-grade optical networking solutions to many of the largest service providers in North America, and DZS will bring a wider array of resources, solutions and services to these customers.
Read the full announcement here.
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