Overview
- The parties expect to complete the transaction in the first half of 2026, subject to required consultations and approvals.
- Harmonic says the divestiture will concentrate investment on its virtualized Broadband business and strengthen its balance sheet.
- MediaKind portrays the combination as creating a leading independent streaming-infrastructure provider with more than $100 million in annual recurring revenue and over $150 million in annual appliance revenue.
- Both companies pledge continuity for Harmonic Video customers and highlight plans for accelerated innovation through combined R&D.
- Harmonic reaffirmed its Q4 2025 guidance and scheduled a Dec. 8 investor call, with Wilson Sonsini and Jefferies advising Harmonic and Davis Polk and Moelis advising MediaKind.