Tag: Harmonic
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Harmonic to Divest Video Business to MediaKind
(RTTNews) – Harmonic Inc. (HLIT), a virtualized broadband and video delivery solutions company, on Monday said it has received a binding offer from MediaKind to acquire its Video Business for approximately $145 million in cash. The transaction is expected to close in the first half of 2026. The potential divestiture is intended to sharpen the…
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Harmonic to Sell Video Business to MediaKind
Strategic and transformative transaction would sharpen Harmonic’s focus on its core Broadband business and advance its growth initiatives Ensures continued innovation and support for Harmonic Video customers under MediaKind All cash transaction for approximately $145 million Conference call today, December 8, 2025, at 8:00 a.m. ET SAN JOSE, Calif., Dec. 8, 2025 /PRNewswire/ — Harmonic…