DZS Sells Service Assurance and WiFi Management Software Portfolio to AXON Networks
DZS, a leading provider of access and broadband network solutions, has announced the sale of its service assurance and WiFi management software portfolio to AXON Networks, a global leader in service assurance and network performance solutions. The transaction includes the DZS Cloud Assurance Suite, which provides comprehensive service assurance capabilities for fixed and mobile broadband networks, and the DZS WiFi Management Suite, which enables operators to efficiently manage and optimize their Wi-Fi networks.
The acquisition of these software assets further strengthens AXON’s position as a leading provider of comprehensive service assurance solutions. AXON plans to integrate these assets into its existing product portfolio, enhancing its capabilities in the rapidly growing service assurance and network performance management markets.
DZS has made the strategic decision to focus on its core competencies of providing access and broadband network solutions, particularly in the areas of fiber, fixed wireless access, and 5G. By divesting its service assurance and WiFi management software portfolio, DZS aims to streamline its operations and focus on key growth areas within the rapidly evolving communications market.
This acquisition underscores the growing importance of service assurance and network performance management as crucial elements of successful network operations. The convergence of fixed and mobile networks, the increasing demand for high-speed broadband, and the deployment of new technologies such as 5G are driving the need for comprehensive service assurance solutions.
The acquisition is expected to be completed in the first quarter of 2023.
Key Benefits of the Acquisition for AXON Networks
- Expansion of AXON’s service assurance portfolio with comprehensive capabilities for fixed and mobile broadband networks
- Enhanced Wi-Fi management capabilities for improved network optimization and user experience
- Increased market share and competitive advantage in the rapidly growing service assurance and network performance management markets
- Access to DZS’s customer base and industry expertise in the broadband and access network space
Key Benefits of the Sale for DZS
- Strategic focus on core competencies in access and broadband network solutions
- Streamlined operations and enhanced efficiency
- Focus on growth areas such as fiber, fixed wireless access, and 5G
- Increased financial flexibility to pursue strategic investments in key areas
About DZS
DZS is a leading provider of access and broadband network solutions that empower communications service providers to deliver innovative and compelling services to their subscribers. DZS’s solutions span a wide range of technologies, including fiber, fixed wireless access, and 5G. DZS has a strong reputation for providing reliable and high-performance networking solutions that enable its customers to achieve their business objectives.
About AXON Networks
AXON Networks is a global leader in service assurance and network performance solutions. The company’s innovative solutions help communications service providers optimize network performance, ensure service quality, and reduce operational costs. AXON Networks has a deep understanding of network performance and a comprehensive portfolio of solutions that cater to the diverse needs of today’s demanding service providers.
The acquisition of DZS’s service assurance and WiFi management software portfolio marks a significant milestone for both companies. By combining their strengths, AXON and DZS are poised to deliver even greater value to their customers in the ever-evolving world of network technology and service delivery.
