DZS Inc. Common Stock

The Gigabit Passive Optical Network Market is growing rapidly due to increasing demand for high-speed broadband and technologies like 5G, AI, and cloud. The market is expected to reach $12.9 billion by 2032, driven by FTTH and mobile backhaul applications, with Asia-Pacific and North America leading the growth.

Related tickers: NOK, CALX, CSCO, PANW, ADTN, JNPR, VRT, MIELY, PRYMY, DZSI.

Lantronix has finalized the acquisition of NetComm Wireless, a subsidiary of DZS Inc., for $6.5 million in cash. This strategic acquisition complements Lantronix's focus on the Enterprise and Smart City vertical markets and has the potential to expand its next-generation 5G capabilities.

Related tickers: LTRX, DZSI.