Harmonic Inc (NASDAQ:HLIT)

6.23
Data as of Oct 24
 -0.09 / -1.42%
Today’s Change
5.61
Today|||52-Week Range
8.03
-15.58%
Year-to-Date
SECTOR
Electronic Technology
INDUSTRY
Telecommunications Equipment
MARKET CAP
$579.4M

Company Description

Harmonic, Inc. designs, manufactures, and sells video infrastructure products and system solutions to create, prepare, and deliver broadcast and on-demand video services to consumer devices, including televisions, personal computers, tablets, and mobile phones. The company's products fall into three principal categories: Video Production Platforms & Playout Solutions, Video Processing Solutions, and Edge & Access Solutions. The Video Production Platforms such as video servers used by broadcasters, content owners, and multi-channel network operators to create and play-to-air television channels; video-optimized storage that provides storage capacity and access bandwidth to support media production applications comprising video editing, content transformation, and media library management; and media applications, which provide integrated media management and workflow control over content stored on its systems. The Playout Solutions are based on scalable video servers used by content owners and multi-channel operators. The Video Processing Solutions provides video processing solutions, including broadcast encoders; contribution and distribution encoders; stream processing and statistical multiplexing solutions; content preparation and delivery for multi-screen applications; decoders and descramblers; and management and control software. The company offers edge products that integrate routing, multiplexing, scrambling, and modulation into a single package; optical transmitters and amplifiers, which operates at various optical wavelengths and serves long-haul and local transport applications in the cable distribution network; optical nodes to support network architectures for bandwidth delivered to a service area; and return path transmitters that support two-way transmission capabilities. It provides technical support and professional services, such as maintenance and support; and consulting, implementation, and integration services. The company sells its products to cable, satellite and telco, and broadcast and media companies through direct sales force, independent distributors, and integrators. Harmonic was founded in June 1988 and headquartered in San Jose, CA.

Contact Information

Harmonic, Inc.
4300 North First Street
San Jose California 95134
P:(408) 542-2500
Investor Relations:

Employees

Shareholders

Mutual fund holders46.23%
Other institutional36.06%
Individual stakeholders2.80%

Top Executives

Patrick J. HarshmanPresident, Chief Executive Officer & Director
Charles J. BonaseraSenior Vice President-Operations & Quality
Carolyn V. AverCFO & Investor Relations Contact
Neven HaltmayerSenior Vice President-Research & Development
Nimrod Ben-NatanSenior VP & General Manager-Cable Products

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