Private Equity Firm Buys Into AuroraPrivate Equity Firm Buys Into Aurora

TA Associates completes secondary investment in Aurora Networks

April 14, 2010

1 Min Read

BOSTON -- TA Associates, a leading growth private equity firm, today announced it has acquired, through a secondary purchase from existing shareholders, a minority stake in Aurora Networks, Inc., an optical transport solution provider delivering a cost-effective, optimized platform for next-generation cable services. Terms of the investment were not disclosed.

Founded in 1999, Aurora Networks is the only pure-play optical transport solution provider focused solely on cable network operators. The company’s broad array of optical network products and technology includes optical transmitters, node platforms and Ethernet equipment that deliver enhanced services and greater bandwidth to subscribers while reducing the cable operator’s total cost of ownership. Aurora Networks’ systems simplify network design and maintenance, offer greater flexibility and scalability, and position operators to provide competitive, next-generation cable services. The company is based in Santa Clara, California.

“Aurora Networks is precisely the type of profitable, growing company in which TA seeks to invest,” said Jason P. Werlin, a Vice President at TA Associates who will join the company’s Board of Directors. “Aurora Networks’ continued growth is fueled by an innovative suite of products and services that deliver truly compelling benefits to cable companies throughout the world. We look forward to assisting Aurora Networks’ talented management team to further build value in the company.”

TA Associates

Aurora Networks Inc.

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