08.25.2006 08:00 AM
Harmonic acquires Entone Technologies

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.



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