Harmonic acquires Entone Technologies
August 25, 2006
Harmonic announced Aug. 22 that it had entered into a definitive agreement to acquire the video networking software business Entone Technologies of San Mateo, CA, for $45 million.
The Entone software solutions, which encompass content ingest, distributed content management and video streaming, facilitate the provisioning of personalized video services, including video-on-demand (VOD), network personal video recording (nPVR), time-shifted television and targeted advertisement insertion.
The $45 million price tag is composed of $26 million in cash and the value of about 3.54 million shares of Harmonic common stock.
For more information, visit: www.harmonicinc.com.