DASAN Zhone Solutions, Inc. acquired remaining 30.94% stake in DASAN Network Solutions Japan Co., Ltd. from HANDYSOFT, Inc. for $0.95 million.
August 04, 2019
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DASAN Zhone Solutions, Inc. (NasdaqCM:DZSI) acquired remaining 30.94% stake in DASAN Network Solutions Japan Co., Ltd. from HANDYSOFT, Inc. (KOSDAQ:A220180) for $0.95 million on July 31, 2019. Post completion, DASAN Zhone Solutions will the sole shareholder of DASAN Network Solutions Japan. DZS Japan became a wholly owned subsidiary of the DASAN.
DASAN Zhone Solutions, Inc. (NasdaqCM:DZSI) completed the acquisition of remaining 30.94% stake in DASAN Network Solutions Japan Co., Ltd. from HANDYSOFT, Inc. (KOSDAQ:A220180) on July 31, 2019.
HANDYSOFT, INC. is a Korea-based company principally engaged in developing Internet platform and software. The Company mainly provides software such as collaboration solutions, process innovation solutions and mobile solutions; government solutions, including G-cloud services, enterprise cloud systems and e-government solutions, and Internet of things (IoT) platforms and services, such as meteorological information services, smart office services, smart home services and software as a service (SaaS) platforms and services.
HANDYSOFT, INC. 
