---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-273457"
form_type: "8-K"
ticker: "HLIT"
cik: "0000851310"
company_name: "HARMONIC INC."
filed_at: "2026-06-17T13:05:00+00:00"
generated_at: "2026-06-17T13:06:21.218749+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Harmonic completes sale of Video Business to MediaKind for $145M cash, becomes pure-play broadband

## Summary
- Sold Video Business to MediaKind (Leone Media Inc.) for $145M in cash, subject to working capital and other adjustments.
- Transaction closed June 16, 2026; Harmonic now focused exclusively on virtualized broadband solutions.
- Neven Haltmayer, SVP and GM of Video Business, resigned effective June 16, retiring after 20 years.
- Company plans Investor Day on September 15, 2026, to detail broadband strategy and growth outlook.
- Cash proceeds strengthen balance sheet, provide capital for innovation and expansion in broadband market.

## SEC filing metadata
- accession: 0001193125-26-273457
- form_type: 8-K
- ticker: HLIT
- cik: 0000851310
- company_name: HARMONIC INC.
- filed_at: 2026-06-17T13:05:00+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851310/000119312526273457/0001193125-26-273457-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851310/000119312526273457/hlit-20260616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-273457
- JSON: https://secwatch.observer/filing/0001193125-26-273457.json
- Plain text: https://secwatch.observer/filing/0001193125-26-273457.txt

## Key facts
- Executive change
  Neven Haltmayer resigned as Senior Vice President and General Manager, Video Business at HARMONIC INC..
  - Action: resigned
  - Role: Senior Vice President and General Manager, Video Business
  source text: Neven Haltmayer has resigned from his position of Senior Vice President and General Manager, Video Business, of the Company, effective June 16, 2026, in connection with the closing of the Acquisition.
  evidence_url: https://www.sec.gov/Archives/edgar/data/851310/000119312526273457/0001193125-26-273457-index.htm
- M&A Transactions
  HARMONIC INC. completed a disposition involving Leone Media Inc. (d/b/a MediaKind) for $145 million in cash (closed 2026-06-16).
  - Action: disposition
  - Counterparty: Leone Media Inc. (d/b/a MediaKind)
  - Consideration: $145 million in cash
  - Closing: 2026-06-16
  source text: On June 16, 2026, Harmonic Inc. (the “Company”) completed the previously disclosed sale of its Video Business (the “Business”) pursuant to that certain Asset Purchase Agreement, dated March 20, 2026, (the “APA”) with Leone Media Inc. (d/b/a MediaKind) (the “Buyer”) for a purchase price of $145 million in cash (the “Acquisition”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/851310/000119312526273457/0001193125-26-273457-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.