DZS to Acquire Subscriber Access Technology Leader NetComm

DZS a global leader of broadband networking and software-defined cloud solutions, announced a binding agreement to acquire NetComm Wireless. The acquisition of NetComm’s Fiber Extension, Fixed Wireless Access (FWA), Home Broadband and Industrial Internet of Things (IoT) products and patents combined with DZS’ category defining broadband networking and cloud software solutions will create one of the world’s most comprehensive and technologically advanced last mile broadband access portfolios. NetComm has approximately 50 active communications service provider (CSP) and enterprise customers in the United States, Canada, Latin America, Europe, Australia and New Zealand. In addition to the substantial technology synergies, DZS will on-board the majority of the NetComm employees, of which, approximately 60 percent are research & development and customer care team members.