DZS wraps NetComm buy

DZS has completed its acquisition of NetComm from Casa Systems. The deal hands DZS a portfolio covering Wi-Fi, enterprise IoT, fiber extension products and fixed wireless access gear. #pressrelease

June 3, 2024

2 Min Read

DZS (Nasdaq: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling broadband everywhere, today announced it has completed its acquisition of NetComm Wireless Pty Ltd. (NetComm).

In conjunction with the acquisition, EdgeCo LLC (EdgeCo), a global investment firm specializing in mergers & acquisitions and flexible financial solutions, increased its financial support of DZS aligned with management and their vision and go-to-market strategy.

The combination of DZS' Broadband Networking and Cloud Software portfolio with NetComm’s Fiber Extension, Connected Home, FWA and IIoT portfolio and patents creates a comprehensive, flexible, intelligent, easy-to-install and operate broadband networking and connectivity portfolio.

DZS' broadband solutions are uniquely designed for the network edge, including the connected devices that interface with subscribers, enterprise users and machines, and the cloud software that orchestrates, automates and optimizes the experience for end users and network operators. Leveraging higher performance, lower latency and measured quality-of-service optimized for broadband everywhere, including licensed wireless and WiFi complemented by AI-influenced software solutions, DZS is redefining how optical networking and intelligent software simplify and unify broadband services at the network edge.

Key benefits and NetComm connectivity portfolio:

  • Expanded Customer Footprint: NetComm's customers encompass the United States, Canada, Europe, Australia and New Zealand (ANZ) and Latin America. The combined portfolio of customers enables DZS to provide service providers and enterprise customers with a comprehensive broadband networking, connectivity and cloud software portfolio.

  • Technology:

  • Connected Home: WiFi 6/6E/7 solutions

  • Fiber Extension: DPU solutions for multiple dwelling units (MDUs) and fiber-to-the-curb applications

  • Fixed Wireless Access (FWA): 4G/5G and 5G millimeter wave solutions

  • Connected Enterprise: IIoT connectivity solutions leveraging 4G/5G wireless and WiFi technologies

  • Software Expansion: DZS will integrate its network assurance and WiFi experience management solutions with NetComm’s Connected Home, Fiber Extension and FWA solutions.

  • Increased Scale: NetComm increases the scale of DZS providing new growth opportunities across the combined customer and regional landscape.

Read the full press release here.

DZS

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