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Harmonic Completes Sale of Cable Access HFC Business to Aurora Networks


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-03-06 22:06:09 -

SAN  JOSE, Calif. - March 6, 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 February 19, 2013.

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. CONTACTS: Carolyn V. Aver Michael Bishop Chief Financial Officer Investor Relations Harmonic Inc. +1.408.542.2760 +1.408.542.2500 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Harmonic Inc via Thomson Reuters ONE [HUG#1683547]


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