NasdaqGS:HLITCommunications
Harmonic Refocuses On Broadband As Partnerships Test Valuation Gap
Harmonic has agreed to sell its Video business to MediaKind, repositioning itself as a pure-play broadband company.
The company is integrating its broadband technology with ATX Networks to support cable operators upgrading their networks.
A multi-year agreement with izzi in Mexico targets large scale fiber expansion using Harmonic solutions.
Harmonic, ticker NasdaqGS:HLIT, is refocusing around broadband at a time when its shares trade at $10.44. The stock shows mixed longer term...