DZS

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

DZS
TypePublic
NASDAQ: DZSI
Russell 2000 Index component
IndustryCommunication Equipment
Founded1999 (1999)
Headquarters Plano, Texas
Key people
Yung Kim, CEO Michael Golomb, CFO Philip Yim, COO
Revenue US$ 20 Million (FY 2012)[1]
US$-3.9 Million (FY 2010)[1]
US$-4.8 Million (FY 2010)[1]
Number of employees
800
Website www.dzsi.com www.investor-dzsi.com

Corporate history

Zhone was founded in September 1999 by former executives of Ascend Communications Jeanette Symons, Mory Ejabat and Robert Dahl.[2]

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.[3]

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 was the headquarters of Zhone, until they moved to a smaller building behind it, at 7195 Oakport Street.

In March 2020, DZS announced that it will move its company headquarters to Plano, TX.[4] The building at 7195 Oakport Street is now the Oakland Drive-Through Food Pantry.[5]

Products

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

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.