Private-equity provider TA Associates has acquired, through a secondary purchase from existing shareholders, a minority stake in Aurora Networks. Terms of the investment were not disclosed.

Founded in 1999, Aurora Networks is a pure-play optical transport solution provider focused solely on cable network operators. The company’s array of products includes optical transmitters, node platforms and Ethernet equipment.

Jason Werlin, a vice president at TA Associates, will join Aurora’s board of directors.

The Daily



Jennifer Biry was named CFO of WarnerMedia . She replaces Pascal Desroches , who is becoming AT&T CFO. Biry will report to WarnerMedia CEO Jason Kilar , and most recently served as CFO of AT&T

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