HLIT · Harmonic Inc.

Summary

Harmonic Inc. confirmed that the sale of its Video Business to MediaKind for $145 million remains on track to close in the second quarter of 2026.

Key takeaways

• Harmonic entered into an Asset Purchase Agreement on March 20, 2026, to sell its Video Business to MediaKind for $145 million in cash.
• The sale remains on track to close in Q2 2026, subject to customary closing conditions.
• The purchase price is subject to customary adjustments.