TA Associates Buys Aurora Networks Stake

TA Associates has acquired a minority stake in Aurora Networks, a Santa Clara, Calif.-based developer of advanced optical transport systems for broadband networks. No financial terms were disclosed for the deal, in which TA bought shares from existing aurora details. Specific sellers were not identified, but aurora has raised over $60 million from firms like Sprout Group, Battery Ventures, ComVentures and Castile Ventures.

DealsNorth AmericaUSBriefs