DZS, a leading developer of Network Edge, Connectivity, and Cloud Software solutions enabling broadband everywhere, has announced the successful completion of its acquisition of NetComm Wireless Pty Ltd.
This acquisition marks a significant milestone for DZS, reinforcing its dedication to providing comprehensive connectivity solutions to communications service providers and enterprise customers. With the integration of NetComm’s distribution point units (DPUs), WiFi, Fixed Wireless Access (FWA), and industrial Internet of Things (IIoT) products, DZS aims to enhance its overall portfolio and capitalize on its broadband anywhere vision.
Charlie Vogt, President and CEO of DZS, emphasized the strategic importance of the acquisition, stating, “The NetComm acquisition underscores our commitment to deliver differentiated solutions and expand our market reach. With NetComm’s market-leading connectivity solutions, we enhance our ability to provide tailored solutions to meet the evolving needs of our customers.”
In conjunction with the acquisition, EdgeCo LLC (EdgeCo), a global investment firm specializing in mergers & acquisitions, increased its financial support of DZS. This move aligns with DZS management’s vision and go-to-market strategy, positioning the company for future growth opportunities in the broadband market segment.
Robert Binkele, Managing Director of EdgeCo, expressed optimism about DZS’s prospects, particularly in anticipation of government broadband stimulus programs and the normalization of service provider purchasing cycles. He highlighted DZS’s strong positioning across North America, EMEA, and now ANZ market segments.
The combination of DZS’s Broadband Networking and Cloud Software portfolio with NetComm’s offerings creates a comprehensive, flexible, and intelligent broadband networking and connectivity portfolio. Leveraging advanced technologies such as WiFi 6/6E/7, fiber extension solutions, and Fixed Wireless Access (FWA), DZS aims to redefine broadband services at the network edge.
Key benefits of the acquisition include an expanded customer footprint across multiple regions, technological synergies in Connected Home, Fiber Extension, FWA, and IIoT connectivity solutions, as well as increased scale for DZS, unlocking new growth opportunities.
With this strategic acquisition, DZS reinforces its position as a leader in the global broadband solutions market, poised to drive innovation and connectivity for years to come.