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Harmonic Announces Pending Sale of Its Video Business to MediaKind
- 09 December, 2025
Strategic and transformative transaction would sharpen Harmonic’s focus
on its core Broadband business and advance its growth initiatives...
USA: Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, announce it has received a binding offer from MediaKind, a global leader in cloud-based video streaming technology, to acquire its Video Business segment for approximately $145 million in cash. The transaction, which is expected to close in the first half of 2026, is subject to a French employee works council consultation process and customary closing conditions and regulatory approvals.
The proposed transaction would accelerate Harmonic’s long-term strategy by sharpening its focus on growth priorities in its industry-leading virtualized Broadband business. Additionally, this divestiture would deliver a healthy capital infusion and further bolster Harmonic’s balance sheet, providing the financial flexibility to better serve its expanding customer base and build shareholder value.
"This strategic transaction will, if completed, advance the growth strategies of both companies,” said Nimrod Ben-Natan, President and Chief Executive Officer of Harmonic. “It would allow Harmonic to
zero in on its core Broadband segment, while ensuring the Video Business, its customers and dedicated employees become part of an organization committed to the future of video delivery. We are incredibly proud of our Video team’s accomplishments and look forward to the next chapter of this business’s
growth under MediaKind.”
MediaKind CEO Allen Broome added: “This combination would represent a meaningful step forward in our long-term strategy and reflect our commitment to supporting customers with enhanced product solutions. By joining Harmonic’s Video Business with MediaKind, we would strengthen our ability to invest across
our entire portfolio, led by an expanded and complementary research and development platform that
will significantly accelerate innovation. Together, we would create the leading independent streaming infrastructure company, giving customers a stronger, more reliable partner to power the future of video.”
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables
media companies and service providers to deliver ultra-high-quality video streaming and broadcast services
to consumers globally. The company revolutionized broadband networking via the industry’s first virtualized broadband solution, enabling operators to more flexibly deploy gigabit internet services to consumers’ homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms,
or powering the delivery of gigabit internet services, Harmonic is changing the way media companies
and service providers monetize live and on-demand content on every screen.
At MediaKind, we are trailblazers in the video technology landscape, empowering over 2,000 global service providers, operators, content owners, and broadcasters. Our award-winning video technology sets a new bar for quality of experience, and our commitment to innovation and excellence has been driving the media and entertainment industry to new heights for three decades, while our cutting-edge solutions deliver unmatched viewing experiences across linear, on-demand, and OTT services. As a catalyst for live entertainment
and an Emmy award-winning leader, we remain a trusted partner in shaping the future of media
and entertainment worldwide.
