BRIEF-DZS To Acquire Subscriber Access Technology Leader NetComm-March 2024-www.financetom.com

BRIEF-DZS To Acquire Subscriber Access Technology Leader NetComm

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BRIEF-DZS To Acquire Subscriber Access Technology Leader NetComm

May 6, 2024 1:58 PM

May 6 (Reuters) - DZS Inc ( DZSI ):

* DZS TO ACQUIRE SUBSCRIBER ACCESS TECHNOLOGY LEADER NETCOMM

* DZS INC ( DZSI ) - UNDER TERMS OF ACQUISITION AGREEMENT, DZS WILL

PAY $7

MILLION AT CLOSING FOR NETCOMM, INCLUDING ITS INTELLECTUAL

PROPERTY AND INVENTORY

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