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Stock Market & Financial Investment News

News Breaks
February 19, 2013
07:42 EDTHLITHarmonic sees sale of Cable Access unit neutral to EPS for 2013
Harmonic expects that the sale of the business will be neutral to diluted EPS for 2013, excluding the impact of the share repurchase program.
News For HLIT From The Last 14 Days
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November 11, 2014
08:09 EDTHLITHarmonic makes strategic investments in cloud companies
Harmonic announced that the company has made significant investments in Encoding.com, the world's largest video transcoding service, and VJU, one of the first companies to provide cloud-enabled playout solutions to the broadcast and pay-TV industries. Having a financial stake in Encoding.com and VJU strengthens Harmonic's ability to offer highly flexible and scalable cloud-based services that provides amazing video quality and dramatically simplified cloud-based operations. In addition to making a significant equity investment in VJU, Harmonic has signed a reseller agreement with the company, through which Harmonic will distribute its cloud playout solutions to the broadcast and pay-TV industries. VJU plans to use the Harmonic funding to continue making enhancements to its core product, expand cloud-based playout infrastructure, enhance quality of service, and support and grow its partnership network.

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