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| [March 06, 2013] |
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Aurora Networks Completes Asset Acquisition of Harmonic's Optical Transmission Equipment Business
SANTA CLARA, Calif. --(Business Wire)--
Aurora Networks, Inc., the number one optical access solution provider
for cable operators, announced that the agreement to purchase the assets
of Harmonic's (News - Alert) optical transmission equipment business closed yesterday.
The acquisition will extend Aurora Networks' market share lead in the
optical transport market by significantly increasing its installed base
for next-generation service-providing products, such as Node PON™, and
will create long-term strategic growth opportunities.
What Aurora Networks Says
"With the closing of the acquisition behind us, we are now focused on a
swift integration of the product lines into our systems with a goal of
minimum customer inconvenience," said Scott Weinstein, of Aurra
Networks. "We have already started the integration process, with many of
the former Harmonic employees who will assist Aurora's efforts to
achieve an integration goal of four months joining our team. We firmly
believe that this acquisition will increase our ability to innovate new
technologies enabling us to continue to grow and provide our customers
with solutions that will ensure their potential to meet future
challenges."
About Aurora Networks
As the number one optical access solution provider for cable operators,
Aurora Networks is dedicated to the evolution of the broadband industry
by providing optimized solutions that enable operators to accommodate
ever-growing capacity needs. Along with its superior customer service
and support, Aurora Networks is delivering innovation for the future. To
learn more about Aurora Networks' core solutions, please call
408-235-7000 or visit www.aurora.com.
Aurora Networks and the Aurora Networks logo are registered trademarks
and Node PON is a trademark of Aurora Networks, Inc. in the United
States and other countries. Other marks are the property of their
respective owners and are used here only for identification purposes.

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