Aurora Networks acquired Enablence Technologies' Trident7 passive optical network technology for $5.1 million, with an eye toward providing cable operators a path to an all-IP environment.
Enablence said it is selling the Trident7 systems business for $5.1 million, comprising $2.75 million in cash and the assumption of certain liabilities and contingent liabilities. The deal is expected to close Sept. 15, 2011.
Enablence's Trident7 team is based in Alpharetta, Ga. Approximately 25 Enablence employees are expected to join Aurora Networks.
The Trident7 PON solution provides aggregation and management functions including DPoE (DOCSIS Provisioning over EPON) for both node- and chassis-based PON deployments. The platform will extend those functions to node-based solutions including Aurora's BitCoax, an Ethernet-over-coax solution that supports gigabit-per-second data rates over existing HFC network coaxial drops.
"Acquiring the Trident7 product family from Enablence is very complementary with Aurora Networks' strategic vision of network evolution. It will enable us to further integrate technologies which operators will need to continue the evolution of their networks," Aurora chairman, president and CEO Guy Sucharczuk said in announcing the deal Monday. "This acquisition will provide an additional tool for operators to meet the ever-growing demand for capacity-per-subscriber."
Aurora hired Scott Weinstein as vice president of new business development in October 2010. Aurora acquired GoBack TV, a provider of edge QAM technologies, in May 2011.
Separately, Enablence announced Monday that it will lay off approximately 40 employees, representing substantially all of its remaining employees in the U.S. systems business.
Enablence also announced that it signed a definitive asset purchase agreement to sell its MAGNM FX product line to FX Support LLC.
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