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Last $7.27 USD
Change Today -0.15 / -2.02%
Volume 365.0K
HLIT On Other Exchanges
Symbol
Exchange
Munich
NASDAQ GS
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

harmonic inc (HLIT) Key Developments

Harmonic Unveils HVN OTT Video Streaming Service

Harmonic has announced the launch of Harmonic Video Network, or HVN, its OTT video streaming service. Designed to provide video engineers with a valuable source of information related to video delivery infrastructure, the HVN-1 channel will focus on workflow, content creation, channel playout and distribution, video service delivery, cable edge and multi screen issues. HVN-2 will celebrate the beauty of the moving image with cultural and environmental vignettes from around the world, demonstrating the best video quality and highlighting Harmonic content originally produced in 4K and available for license at www.harmonicinc.com.

Harmonic Inc. Introduces Spectrum(tm) X Next generation Media Server System

Harmonic Inc. announced the launch of the Spectrum X next-generation media server system that elevates the industry's most trusted server platform to new levels of flexibility, efficiency and reliability. Designed for production and playout applications, the Spectrum X media server system eases the transition to IP broadcast workflows by integrating SDI and IP I/O on the same chassis. The software-based system leverages Harmonic's VOS(TM) technologies and combines file, baseband and transport stream ingest with comprehensive integrated channel playout (ICP) capabilities, including graphics and branding, DVE, master control switching and audio mixing. Supporting a broad range of SD and HD formats, and upgradable to Ultra HD, the Spectrum X system can operate as a true channel-in-a-box (CIAB), as an integrated channel playout server, or as a conventional I/O server connected to Spectrum shared storage infrastructure or internal storage. At Harmonic booth SU1210 during the 2015 NAB Show, the Spectrum X media server will be demonstrated providing playout with graphics and branding to Harmonic's Ultra HD live workflow, making it the first Ultra HD CIAB solution. The Spectrum X server is an easy-to-deploy 1-RU ingest and playout system for up to four channels that fits seamlessly into any existing broadcast infrastructure, and can be operated as an SDI server within a conventional SDI infrastructure, an IP-based system or a hybrid of the two. Unique among media server systems, the Spectrum X software-based media server is a single-platform solution that can quickly be repurposed for any mission-critical production and playout workflow through simple license keying and reconfiguration. The highly scalable system is ideal for a wide range of applications including CIAB and ICP workflows, integrated master control room (iMCR) deployments, hybrid baseband and IP playout environments, disaster recovery and Ultra HD playout. The system can serve as a true CIAB or as part of a Spectrum(TM) shared storage infrastructure featuring rich ICP capabilities. Operators can create integrated video graphics and branding without custom authoring tools, and the Spectrum X server's integrated DVEs drive sophisticated content presentation. All functionality is available via software license keying, resulting in a highly flexible system that allows the easy addition of new codecs, CIAB functionality, IP I/O and other advanced features to baseband I/O when needed.

Harmonic Inc. Unveils MediaGrid ContentStore 5840 Chassis

Harmonic Inc. unveiled a new Harmonic MediaGrid ContentStore 5840, a new dual-redundant chassis. The ContentStore 5840 allows users of large-scale Harmonic MediaGrid shared storage systems to reduce rack space by two-thirds and achieve 30% cost savings on equivalent storage capacity. Integrating the ContentStore 5840 storage nodes into new or existing MediaGrid installations, users can build larger, faster video file systems within a smaller footprint using fewer cable connections. The Harmonic ContentStore 5840 storage node compresses 15 RU worth of conventional MediaGrid storage into just 5 RU and supports up to 360 TB of usable storage per chassis. The new 84-drive MediaGrid enclosure features redundant controllers, SAS fabric and power supplies; supports a choice of RAID 4 and RAID 6 configurations; and uses 4 TB and 6 TB SAS drive technology. As an update to the MediaGrid product line, the ContentStore 5840 supports all traditional MediaGrid workflows, including edit, post, media prep, staging storage for playout, ingest and multiscreen. When five ContentStore 5840 units are deployed per MediaGrid ContentServer, the resulting solution offers nearline storage capacities with online performance.

Harmonic Introduces Proview 7100 First Single-Rack, Multiformat Integrated Receiver-Decoder (IRD), Transcoder and MPEG Stream Processor

Harmonic announced that the company's ProView 7100 is the first single-rack, multiformat integrated receiver-decoder (IRD), transcoder and MPEG stream processor to support the HEVC standard. As part of an end-to-end HEVC-based video transmission solution offered by Harmonic, the ProView 7100 enables video content and service providers to decode HEVC compressed streams up to 1080p60 resolutions, maximizing bandwidth efficiency for broadcast service delivery while maintaining pristine video quality. From a high-density 1RU chassis, the ProView 7100 IRD platform offers broadcast-quality SD/HD MPEG-2, MPEG-4 AVC and HEVC decoding, in addition to MPEG-2 and AVC transcoding, to streamline workflows and decrease operating costs for video content and service providers. For applications where preserving high possible video quality is paramount, the ProView 7100 supports AVC HD and HEVC 4:2:2 10-bit decoding up to 1080p60. The HEVC decoding capabilities are available to new and existing ProView 7100 customers via a simple software update and license key. Harmonic's end-to-end HEVC video transmission solution includes the Electra X advanced media processor and Electra XVM virtualized media processor. Both media processors feature the Harmonic PURE Compression Engine for real-time encoding of SD, HD and 4K/UHD media, integrated high-quality branding and graphics, and reliable transport stream playout, providing operators with good video quality, unparalleled function integration and increased operational flexibility in a cost-effective appliance. Harmonic will demonstrate the ProView 7100 IRD with HEVC support for the first time at the 2015 NAB Show at booth SU1210.

Harmonic Inc. Adopts Amendment to Bylaws

On March 11, 2015, Harmonic Inc. adopted an amendment to Article III, Section 3.2 of the Company's bylaws to increase the number of directors of the Board from 7 to 8. The board of directors shall consist of eight members. The number of directors may be changed by an amendment to this bylaw, duly adopted by the board of directors or by the stockholders, or by a duly adopted amendment to the certificate of incorporation. No reduction of the authorized number of directors shall have the effect of removing any director before that director's term of office expires. If for any cause, the directors shall not have been elected at an annual meeting, they may be elected as soon thereafter as convenient at a special meeting of the stockholders called for that purpose in the manner provided in these Bylaws.

 

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HLIT

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Valuation HLIT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.5x
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.2x
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