UK firm Aurora Networks, a specialist in optical access solutions for cable providers, has completed its acquisition of US firm Harmonic’s optical transmission equipment business for US$ 46mn.
The acquisition is expected to extend Aurora Networks’ market share in the optical transport market by significantly increasing its installed base for next-generation service-providing products, such as Node PON, and should create long-term strategic growth opportunities.
“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, VP New Business Development at Aurora 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. ”
Harmonic meanwhile plans to focus on a product strategy that addresses “targeted problems” in the areas of video production and playout, video processing, and cable edge products.