M&A Deal Summary

DZS Acquires Paradyne Networks

On July 8, 2005, DZS acquired communications company Paradyne Networks for 121M USD

Acquisition Highlights
  • This is DZS’s 1st transaction in the Communications sector.
  • This is DZS’s 2nd largest (disclosed) transaction.
  • This is DZS’s 3rd transaction in the United States.
  • This is DZS’s 1st transaction in Florida.

M&A Deal Summary

Date 2005-07-08
Target Paradyne Networks
Sector Communications
Buyer(s) DZS
Deal Type Add-on Acquisition
Deal Value 121M USD
Advisor(s) Raymond James - Investment Banking (Financial)
Alston & Bird (Legal)

Target

Paradyne Networks

Largo, Florida, United States
Paradyne Networks, Inc. a leading provider of triple play broadband loop carriers (BLCs) and Ethernet access equipment.

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Buyer(S) 1

Buyer

DZS

Plano, Texas, United States

Category Company
Founded 1996
Sector Technology Hardware
Employees660
Revenue 245M USD (2023)
DESCRIPTION

DZS designs and manufactures network equipment for telephone companies and cable operators worldwide to deliver a rich array of voice, data, video, and entertainment services. DZS was incorporated in 1996 and is based in Plano, Texas.


DEAL STATS #
Overall 3 of 7
Sector: Communications M&A 1 of 2
Type: Add-on Acquisition M&A Deals 3 of 5
State: Florida M&A 1 of 1
Country: United States M&A 3 of 5
Year: 2005 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-22 Sorrento Networks International

Pleasanton, Colorado, United States

Sorrento Networks International, Inc. is a provider of metro optical access solutions, offering an edge-to-regional CWDM, DWDM, and ROADM product portfolio to carriers and enterprises. Sorrento's products are used, individually or as part of an integrated solution, in communications network infrastructures operated by telecommunications service providers, cable operators, governments, and enterprises around the globe. Sorrento Networks International was founded in 1993 and is based in Pleasanton, Colorado.

Buy $61M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-23 Sorrento Networks International

Pleasanton, Colorado, United States

Sorrento Networks International, Inc. is a provider of metro optical access solutions, offering an edge-to-regional CWDM, DWDM, and ROADM product portfolio to carriers and enterprises. Sorrento's products are used, individually or as part of an integrated solution, in communications network infrastructures operated by telecommunications service providers, cable operators, governments, and enterprises around the globe. Sorrento Networks International was founded in 1993 and is based in Pleasanton, Colorado.

Sell -