US EditionHarmonic Announces Pending Sale of Its Video Business to MediaKind
Harmonic will focus on virtualized broadband while MediaKind gains a leading streaming infrastructure unit in a $145 million all-cash deal, pending French employee consultation.
- Harmonic agreed to sell its Video Business to MediaKind for approximately $145 million in cash in a binding offer for the Video Business segment.
- To sharpen its strategic focus, Harmonic said the sale would accelerate its long-term strategy by concentrating on its virtualized Broadband business and bolstering its balance sheet to support growth and shareholder returns.
- MediaKind framed the acquisition as a step toward creating a leading streaming infrastructure company, saying the combined operation would expand R&D platforms and accelerate innovation for customers.
- Harmonic said the Video team will transition to MediaKind and reaffirmed its total company financial guidance for Q4 2025, directing readers to the third quarter 2025 results press release for details.
- Completion is expected in the first half of 2026, subject to a French employee works council consultation and regulatory approvals, and Nimrod Ben-Natan said the deal would advance both companies' growth strategies.
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MediaKind buying Harmonic’s video business for $145 million
Harmonic will divest its video business to infrastructure firm MediaKind in a $145 million cash transaction, the companies announced this week. The deal marks the beginning of a shift for Harmonic as a business, which will concentrate on its broadband technology operation once the transaction closes, the companies affirmed on Monday. Several hundred employees are expected to transition to MediaKind as part of the sale, which is subject to regula…
Wishing to create a giant specialized in streaming infrastructure, MediaKind announces the acquisition of Harmonic's video business... An estimated acquisition of $145 million.... Read more MediaKind wants to create a giant specialized in streaming infrastructure appeared first on MediaKwest.
MediaKind and Harmonic's Video Business to Combine, Creating a Leading Streaming-Infrastructure Platform
Combined business will be the #1 independent comprehensive streaming-infrastructure platformBrings together complementary product teams to drive faster advancement across cloud and appliance technologiesFurthers MediaKind's mission to redefine the future of media and entertainment through advanced video technology
MediaKind to acquire Harmonic's video business
Harmonic has announced it has received “a binding offer” from MediaKind to acquire its video business segment for approximately $145 million in cash. According to Harmonic, divesting its video business segment will accelerate the company’s long-term strategy by “sharpening its focus on growth priorities” in its broadband business. Additionally, the sale will deliver a “healthy capital infusion” and further bolster Harmonic’s balance sheet, added…
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