In October 2018, DASAN Zhone Solutions (DZS), a developer of optical network access solutions for service provider and enterprise networks, announced its acquisition of Keymile. DASAN has further announced that this transaction has been completed at the beginning of January 2019 therefore Keymile is now part of DZS.
Building on a strong market position in the US and Asia, the acquisition of Keymile further strengthens DZS’ growing presence in Europe. Keymile will become the new DZS European headquarters for sales, support, research, development, production and logistics. As a result of this strategic acquisition, both companies will be able to offer network operators worldwide freedom of choice among best-in-class solutions for ultra-fast broadband connections.
The combined offering of products, technologies and expertise gives Keymile’s customers and partners a number of advantages, including the following: a more comprehensive portfolio of solutions in broadband access, Ethernet switching, mobile backhaul and passive optical LAN; synergy in research and development resulting in faster time to innovation and a more robust roadmap; and stability and consistency for European customers that comes from continued development and production in Germany.
Lothar Schwemm, Keymile’s CEO (pictured right), said he is delighted about the merger: “The fact that we now belong to DZS, allows KEYMILE to offer customers access technology for their FTTx networks which fits their needs even better. We’ll be able to harness synergy and ensure that our customers receive consistently good products and services.”
Yung Kim, CEO of DZS (pictured left), commented, “With Keymile as part of the DZS family, we can now expand the freedom of choice we offer in optical fibre solutions to service providers worldwide. The addition of Keymile users in Europe, Latin America and other regions further strengthens DZS in these markets, and together we look forward to further developing these and other market opportunities globally.”
For more information, visit dasanzhone.com