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Harmonic Inc.

Company Profile Analysis

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Harmonic Inc. - Semiconductor showcase

Year Founded & Workforce

1988

1,250 Employees

Industry

Semiconductor

Services

Broadcast Equipment
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Harmonic Inc. Employee Contacts

40 verified contactsNames, job titles, seniority and locations

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Harmonic Inc. Overview

Company Headquarters: US

Founded: 1988

Workforce: ~1,250

Company Working: Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. The company operates through two segments—video and cable edge. Under the video segment, the company sells video processing and production; and playout solutions and services to broadcast and media companies, streaming media companies, cable operators, and pay television (TV) service providers. The cable edge business sells cable edge solutions and related services to cable operators around the world. Also, the company provides technical support and professional services to its customers around the world. Its products enable customers to create, prepare, and deliver a range of video and broadband services to consumers on their devices such as television sets, personal computers, laptops, tablets, and smartphones.

Strategy

Harmonic Inc. focuses on identifying the current market trends regarding features, products, and systems, in both software and hardware solutions, and provide customized products to ensure customer satisfaction. As part of its business strategy, the company focuses on acquiring businesses, technologies, assets, and product lines that helps in expanding its existing business. The company believes that its future growth depends on market acceptance of several broadband services, new broadband technologies, and on several other broadband industry trends.

Company Snapshot

$377.03M

Revenue

1,250

Employees

1988

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Research and development capabilities
  • Broad portfolio of offerings

Weaknesses

  • Low buyer concentration
  • Customer concentration

Opportunities

  • Growth of the global live IP broadcasting and cable TV market
  • Increasing adoption of online streaming services
  • Positive outlook for the global broadcasting and cable TV market
  • Positive outlook for online streaming services

Threats

  • Technology obsolescence
  • Intense competition

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Key Developments

DateApproachDevelopment
March 2019AgreementHarmonic Inc. signed an agreement with National Cable Television Cooperative (NCTC) to jointly offer Harmonic’s CableOS virtualized cable access solution to more than 750 independent NCTC member cable operators throughout the US.
October 2018Product LaunchHarmonic Inc. partnered with Buckeye Broadband, a cable and telecommunications provider in Northwest Ohio, to allow the latter to use Harmonic’s CableOS virtualized cable access solution to launch a DOCSIS 3.1 broadband platform offering speeds up to 1 Gbps.
October 2018Product LaunchHarmonic Inc. partnered with Foxtel, an Australian pay-TV operator, to launch the first 4K UHD offering in the country using a software-based UHD solution of Harmonic. Harmonic handles the entire UHD production and delivery workflow for Foxtel’s new service using its broadcasting solutions.

Product Offering

  • Harmonic Inc.
    • Broadcast Equipment

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Revenue rose from USD 377 Mn in 2015 to USD 403.6 Mn in 2018.
Harmonic Inc. — By Business Segment
Series (USD Mn)2015201620172018
Global Revenue377405.9358.3403.6

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