Harmonic News
6 articles
growth-positive
Zacks Industry Outlook Highlights Harmonic, Ooma and AudioCodes
The article discusses the challenges and opportunities within the Zacks Communication - Components industry, focusing on companies like Harmonic Inc., Ooma, Inc., and AudioCodes Ltd. Despite facing raw material price volatility, high capital expenditure for 5G infrastructure, and geopolitical tensions, these companies are poised for growth. The demand for scalable infrastructure driven by IoT proliferation, fiber densification, cloud transition, and accelerated 5G rollout is expected to benefit these firms. However, the industry is also grappling with supply chain issues, chip shortages, and high operating costs due to technological obsolescence and geopolitical conflicts.
growth-positive
3 Communication Stocks Likely to Surpass Industry Conundrums
The Zacks Communication - Components industry is facing challenges due to raw material price volatility, high capital expenditure for 5G infrastructure upgrades, and geopolitical conflicts. Despite these challenges, companies like Harmonic Inc., Ooma, Inc., and AudioCodes Ltd. are expected to benefit in the long run from the rising demand for scalable infrastructure driven by IoT proliferation, fiber densification, cloud transition, and accelerated 5G rollout. The industry is characterized by high operating costs and technological obsolescence, which have impacted short-term profitability. However, the shift towards a software-driven, data-centric approach is positioning industry players for growth in the cloud networking business.
growth-positive
Harmonic's CableOS™ Solution Powers Buckeye Broadband's Launch of Gigabit Internet Service Over DOCSIS 3.1
Harmonic announced that Buckeye Broadband is using Harmonics CableOS virtualized cable access solution to launch a DOCSIS 3.1 broadband platform offering speeds up to 1 Gbps. This solution enables Buckeye Broadband to transition to a more flexible, cost-effective architecture and deliver gigabit speeds and services while better controlling capital and operating expenses. Harmonic will showcase its latest virtualized cable access innovations at the SCTE Cable-Tec Expo.
Customers
growth-positive
Harmonic Partners with Verimatrix to Revolutionize Content Distribution Efficiencies
Harmonic has announced a new partnership with Verimatrix to simplify the delivery of live and VOD content, resulting in increased cost savings for video content and service providers. The integration between Verimatrixs Viewthority platform and Harmonics VOS360 Video SaaS optimizes media processing and delivery, bringing increased scalability, efficiency, and flexibility to next-gen video workflows. The partnership strengthens Verimatrixs ability to provide content owners and operators with a simple, reliable, and cloud-driven method of securely distributing high-quality video. Harmonic is showcasing its VOS360 Video SaaS at IBC2018.
Partners
growth-positive
Office Tour: Harmonic Offices - Caesarea
Setter Architects has designed new offices for Harmonic in Caesarea, Israel. The design focuses on creating an optimal work setting that encourages collaboration while allowing for privacy. The office layout includes open space seating for employees, meeting rooms located between public and private areas, and floating islands for informal meetings. The cafeteria and communal dining room are designed to be the main gathering area, promoting interactions within the company. The design features decorative light fixtures, colorful textiles, and industrial elements. The article does not mention any specific customers, investment or acquisition details, layoffs, or the date of the event.
Customers
growth-positive
Harmonic acquires Scopus Video Networks for $86 million
Harmonic Inc. has announced the signing of an agreement to acquire Scopus Video Networks Ltd. for $86 million. The acquisition will extend Harmonics worldwide customer base and strengthen its market and technology leadership. The proposed acquisition is subject to customary conditions, regulatory approvals, and the approval of Scopus shareholders. Harmonic expects to realize cost synergies upon full integration of Scopus. For the first nine months of 2008, Scopus reported revenues of $55.4 million, with 79% of these revenues outside the US. The acquisition is expected to close in the latter part of the first quarter of 2009.
Acquisition
