12704_SCTE_Broadband_Nov2016_COMPLETE_lowres

news from the scte

ATX Networks completes new acquisition

H.I.G. Capital, LLC ("H.I.G."), a global private equity investment firm with more than US$ 20 billion of equity capital under management, has announced that its portfolio company, ATX Networks Corporation, has acquired InnoTrans Communications, Inc. (“InnoTrans”). ATX (an SCTE corporate member) is a leading designer and developer of patented, Hybrid Fibre Coax (HFC) and digital video processing equipment used by cable operators and a growing number of private video networks, A/V integrators and telecommunication companies. InnoTrans’ advanced fibre optic solutions will broaden ATX’s portfolio. Headquartered in San Jose, CA, InnoTrans develops and manufactures optical transport solutions for cable operators. The merger of InnoTrans with ATX aims to establish a diversified, HFC access market leader to serve operators as they continue upgrading network capacity. The scale, resources and

infrastructure of ATX will speed new product development and enable InnoTrans to transform into a leading global player in the HFC access market, the company told Broadband Journal. Camilo E. Horvilleur, Managing Director at H.I.G. Capital, said, “InnoTrans represents a transformative investment for ATX Networks, allowing the company to become a diversified network infrastructure solutions provider. The partnership provides InnoTrans with the resources and backing of a larger, more global business, enabling better customer experiences and faster development of new, innovative products.” Mr. Ramachandran will serve as President of a newly created Optical Network Solutions Division within ATX, which will base its foundation for expansion using the current InnoTrans team.

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Vol. 38 No. 4 - November 2016 Issue