The companies said the assets will be integrated into California-based AXON's network-as-a-service portfolio, while DZS now will concentrate on its networking, connectivity, and cloud edge business.
In conjunction with the acquisition, global investment firm EdgeCo LLC increased its financial support of DZS, with an eye toward "United States and other government broadband stimulus programs" being released in 2024 and 2025.
Brian Chesnut will be responsible for working closely with the CFO, senior leadership, and DZS' new independent public accounting firm, BDO USA, overseeing all corporate accounting functions including reporting, governance, and internal controls.
DZS said Scott St. John will be responsible for leading global sales for the company and will focus on driving accelerated revenue growth across the Americas and Europe, Middle East and Africa, and Australia/New Zealand regions.
The deal comes as DZS secured $29.7 million in new financing last month, fueling its fiber optic innovation and ability to meet surging consumer demand for multi-gigabit speeds.
Dallas Innovates and D CEO are proud to announce the finalists for its fifth annual Innovation Awards. The program honors companies, CEOs, CIOS, CTOs, entrepreneurs, and other leaders who are helping to make Dallas-Fort Worth an innovation hub....
Dallas Innovates and D CEO celebrated 68 honorees and revealed the winners of our fourth-annual Innovation Awards at an event held at On the Levee in the Dallas Design District.
Here's a full list of winners and finalists.
Some of the top players in the North Texas technology ecosystem were honored Thursday at the annual Tech Titans awards gala. Fujitsu North America CEO Doug Moore was inducted into the Tech Titans Hall of Fame, and Charlie Vogt, CEO of telecommunications firm DZS, won the Corporate CEO Award. The fastest-growing tech company award went to Fort Worth's TimelyMD.
"The need to come together as an industry, reconnect with friends, and build new business connections were really what this year’s awards gala was all about," said Tech Titans' Paul Bendel. See the full list of winners here.
Plus, stealthy Dallas startup LibLab raises $42M; Fort Worth biotech Sanara raises $15M; UPS Acquires Plano-based Delivery Solutions; Four Seasons in Las Colinas finds new owners; and more North Texas deals.
In this week's roundup of hires and promotions in North Texas, you'll also find news from NuZee, Imaginuity, HudsonLake, ALTO Real Estate Funds, AMN Healthcare, Caris Life Sciences, and more.
DASAN Zhone Solutions, a global provider of ultra-broadband and 5G platforms, touts the region's vibrant tech talent pool, low costs, and access to markets. With the relocation, DZS will also be opening an Engineering Center of Excellence here.
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Until recently, the majority of Lee Brown’s academic career and research at Texas Woman’s University had centered on corporate political activities and business-government interaction. But just two short years ago, Brown, the business college’s associate dean of research and an associate professor of management, started delving into artificial intelligence technology....
Portland, Oregon-based life insurance distribution company M Financial Group has opened a new office in Uptown Dallas, occupying the top two floors of The QUAD, a newly developed 12-story, “state-of-the-art” building....
Teton Ridge has acquired The Cowboy Channel, the leading network for Western sports, along with the Cowgirl Channel and The Cowboy Channel+, a live streaming and on-demand service. All are based in Fort Worth....
Dallas-based institutional real estate investment and operating platform Evergreen Residential Holdings has raised roughly $1 billion in capital commitments from a diverse array of sophisticated investors, the company announced.
Evergreen also announced that Des Moines, Iowa-based Kuvare Holdings, a financial services platform that provides insurance, reinsurance, and asset management solutions, has made a strategic investment in the firm....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Until recently, the majority of Lee Brown’s academic career and research at Texas Woman’s University had centered on corporate political activities and business-government interaction. But just two short years ago, Brown, the business college’s associate dean of research and an associate professor of management, started delving into artificial intelligence technology....
Portland, Oregon-based life insurance distribution company M Financial Group has opened a new office in Uptown Dallas, occupying the top two floors of The QUAD, a newly developed 12-story, “state-of-the-art” building....
Teton Ridge has acquired The Cowboy Channel, the leading network for Western sports, along with the Cowgirl Channel and The Cowboy Channel+, a live streaming and on-demand service. All are based in Fort Worth....
Dallas-based institutional real estate investment and operating platform Evergreen Residential Holdings has raised roughly $1 billion in capital commitments from a diverse array of sophisticated investors, the company announced.
Evergreen also announced that Des Moines, Iowa-based Kuvare Holdings, a financial services platform that provides insurance, reinsurance, and asset management solutions, has made a strategic investment in the firm....