Video streaming technology firm MediaKind has completed its acquisition of Harmonic’s video business, which provides virtualised broadband solutions, for $145m in cash.
The deal, which was first announced in December 2025, confirms MediaKind as one of the world’s leading independent video infrastructure companies.
The combined company has more than $100m in annual recurring revenue (ARR), and over $150m in annual appliance revenue.
It brings together the two companies’ offerings across SaaS streaming, appliance platforms, and cloud video technologies.
MediaKind will also be home to Harmonic’s Video employees.
“Bringing these two teams together under one roof is a powerful moment, creating a stronger, more capable partner for the media industry at a time of significant change,” said Allen Broome, Chief Executive Officer of MediaKind. “Outstanding technology, deep expertise, and a shared obsession with customer success – we’re ready to build something exceptional.”
In a statement, Harmonic said that the deal would enable it to concentrate resources and capital on its virtualised broadband segment, describing the division as the fastest-growing business within its portfolio.
"The completion of this transaction is a pivotal moment for Harmonic," said Nimrod Ben-Natan, President and Chief Executive at Harmonic. "We now turn our full focus and capital toward broadband, where our established footprint with the world's largest operators positions us as a leader in the industry's shift to virtualised software-defined broadband networks powered by intelligence capabilities. We are proud of the exceptional work our Video Business has accomplished and are confident they will continue to deliver the same innovation and dedication as a part of MediaKind."
LTN and MediaKind recently announced a strategic partnership to integrate MediaKind’s MK.IO Beam on-premise devices with the LTN Network, combining edge video processing with LTN’s global IP transport infrastructure. Discover more here.
Stand Number: 1.C63
Company: MediaKind
12 US states to block Paramount’s Warner Bros Discovery deal
The Writers Guild of America and a coalition of US states have both filed major antitrust lawsuits to challenge Paramount Skydance’s planned acquisition of Warner Bros. Discovery (WBD).
Fubo TV names Alisa Bowen as CEO
Fubo TV names Alisa Bowen as CEO Sports and entertainment streamer Fubo TV has hired Disney executive Alisa Bowen as Chief Executive.
ITV scores with 18m audience for England quarter-final victory
A peak audience of 18m viewers watched ITV's coverage of England's World quarter-final victory against Norway on Saturday, June 11, its biggest peak audience since the Euro 2024 Final.
Arri sells global rental business
Camera and lighting manufacturer Arri is planning to sell its global rental activities in Europe, the UK, and North America to H2 Equity Partners, as part of a management buy-out.
IBC2026 Conference tackles AI in action, live sport, creator disruption, and trust in content
The full three-day conference programme for IBC2026 is now live, featuring speakers from Netflix, YouTube, BBC Studios, Google, Banijay, Meta, Warner Bros. Discovery, CNN, FIFA, Globo, ITV, JioStar, OBS, and more.
