Harmonic to sell Video Business to MediaKind for $145M cash; closes H1 2026

HARMONIC INC.

Put Option Agreement gives Harmonic right to require MediaKind to buy its Video Business for $145M in cash.
Transaction subject to French works council consultation, customary regulatory approvals; expected close in H1 2026.
Harmonic will sharpen focus on core virtualized Broadband business; receives capital infusion to bolster balance sheet.
Harmonic reaffirms total company Q4 2025 financial guidance; conference call at 8:00 a.m. ET today.
MediaKind CEO Allen Broome says combination will create leading independent streaming infrastructure company.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HARMONIC INC. entered into Put Option Agreement with Leone Media Inc. (d/b/a MediaKind) valued at $145 million in cash (effective 2025-12-08).

Action: entry
Agreement: asset purchase
Counterparty: Leone Media Inc. (d/b/a MediaKind)
Value: $145 million in cash
Effective: 2025-12-08

Exact text from the filing

On December 8, 2025 Harmonic Inc. (the “Company”) entered into a Put Option Agreement (the “Put Option Agreement”) between the Company and Leone Media Inc. (d/b/a MediaKind) (the “Buyer”).

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Source: SEC EDGAR

accession 0001193125-25-311656

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