Announced
Completed
Financials
Tags
Cross Border
Canada
Acquisition
Telecommunications Equipment
Majority
optical networking solutions
Friendly
Single Bidder
Private
Completed
Synopsis
DZS, a provider of telecommunications networking equipment, completed the acquisition of Optelian, a provider of optical networking solutions. Financial terms were not disclosed. "After joining DZS in August of 2020, we established a playbook that began with the best talent, and quickly transitioned to technology, innovation and marquee customers around the world. The acquisition of Optelian will uniquely distinguish us from the traditional Edge Access Mobile and Broadband suppliers and accelerate our path forward with Tier 1 service providers in North America," Charlie Vogt, DZS CEO.
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