DZS

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DZS
TypePublic
NasdaqDZSI
Russell 2000 Index component
IndustryCommunication Equipment
Founded1999; 23 years ago (1999)
HeadquartersFlag of the United States.svg Plano, Texas
Key people
, CEO[1]
, CFO[2]
, CTO[3]
RevenueUS$ 300,640,000 (FY 2020)[4]
US$-12,525,000 (FY 2020)[4]
US$-23,082,000 (FY 2020)[4]
Number of employees
800
Website[2] www.dzsi.com [3] www.investor-dzsi.com

DZS, formerly Zhone Technologies and DASAN Zhone Solutions, is a provider of telecommunications networking equipment founded in 1999. It is headquartered in Plano. DZS is ISO 9001:2008 certified in the manufacture and service of telecommunications equipment.

Corporate history[]

Zhone was founded in September 1999 by former executives of Ascend Communications Jeanette Symons, Mory Ejabat and Robert Dahl.[5]

Acquisitions[]

Zhone acquired more than a dozen companies, including:

  • Paradyne Networks, September 2005, Internet access
  • Sorrento Networks, July 2004, Metro optical access
  • Gluon Networks, February 2004, Switching and signaling gateways
  • Tellium, November 2003, Metro optical transport
  • Eluminant, February 2003, Access and transmission products
  • vpacket, July 2002, VoIP
  • Nortel Networks Access Node, August 2001, Digital loop carrier (DLC)
  • xybridge, February 2001, Softswitch
  • Optaphone Systems, February 2000, Wireless
  • Roundview February 2000, IP and derived voice
  • Premisys, December 1999, Integrated access solutions
  • CAG Technologies, November 1999, Manufacturing

In April 2015, the company announced its decision to merge with Korean DASAN Network Solutions. The deal involved Zhone purchasing DASAN and then granting 58% of the company's shares to DASAN management. The merger was completed in September 2016, creating DASAN Zhone Solutions, which was soon renamed DZS.[6]

Zhone Building[]

The Zhone Building at 7001 Oakport Street is a prominent detached building, next to Interstate 880 in East Oakland. The 66th Street exit was renamed "Zhone Way" west of 880, leading to Oakport. The building were the headquarters of Zhone, until they moved to a smaller building behind it at 7005 Oakport, and then eventually to Plano, Texas.

In March 2020, DZS announced that it will move its company headquarters to Plano, TX.[7] The building at 7001 Oakport Street is now called the Arena Center, and has a few tenants, including the Oakland Drive-Through Food Pantry and the Alameda County Registrar of Voters.[8]

Products[]

Zhone's SkyZHone Metro Wi-Fi System is approved by the Rural Utilities Service for use in rural areas.

References[]

  1. ^ https://investor.dzsi.com/investor-news/news-details/2020/DZS-Names-Charlie-Vogt-President-and-CEO/default.aspx
  2. ^ https://investor.dzsi.com/investor-news/news-details/2019/DZS-Appoints-Chief-Financial-Officer/default.aspx
  3. ^ https://investor.dzsi.com/investor-news/news-details/2020/DZS-Bolsters-Executive-Leadership-Technology-Operations-and-Sales-Team/default.aspx
  4. ^ a b c [1]
  5. ^ Margaret Johnston (February 7, 2000). "Zhone rolls out gateway for voice". InfoWorld. p. 68A. Retrieved August 15, 2011.
  6. ^ "Zhone Technologies, DASAN Network Solutions complete merger to form DASAN Zhone Solutions". 12 September 2016.
  7. ^ "California telecom company moving HQ to Plano, creating engineering center". Dallas News. 2020-03-02. Retrieved 2020-03-03.
  8. ^ https://foodnow.net/location/oakport-drive-thru-pantry

External links[]

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