Harmonic Completes Sale of Cable Access HFC Business to Aurora Networks
March 06, 2013 --
Harmonic Inc. (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, announced today it has completed the sale of its Cable Access HFC business to Aurora Networks, Inc. for $46 million in cash. Harmonic announced its agreement to sell the business to Aurora Networks on Feb. 19.
# # #
About Harmonic Inc.
Harmonic (NASDAQ: HLIT) is the worldwide leader in video delivery infrastructure for emerging television and video services. The company's production-ready innovation enables content and service providers to efficiently create, prepare, and deliver differentiated services for television and new media video platforms. More information is available at www.harmonicinc.com.
NOTE TO EDITOR -- Product and company names used herein are trademarks or registered trademarks of their respective owners.