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Harmonic Inc. (HLIT)

3.46 Down 0.04(1.14%) 4:00PM EDT
|After Hours : 3.46 0.00 (0.00%) 4:00PM EDT - Nasdaq Real Time Price
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Harmonic Inc.
4300 North First Street
San Jose, CA 95134
United States - Map
Phone: 408-542-2500
Fax: 408-542-2511

Index Membership:N/A
Industry:Communication Equipment
Full Time Employees:N/A

Business Summary 

Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. Its products enable customers to create, prepare, and deliver a range of video and broadband services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company operates in two segments, Video and Cable Edge. The Video segment sells video processing, and production and playout solutions and services to cable operators and satellite and telecommunications Pay-TV service providers, and to broadcast and media companies, including streaming new media companies. Its video processing solutions include network management software and application software and hardware products, such as broadcast and distribution encoders, contribution encoders, multiscreen transcoders and stream processing products, content preparation and delivery for multiscreen applications, decoders and descramblers, and management and control software. This segment’s video production platforms consist of video-optimized storage and content management applications, which provide broadcast and media companies with file-based infrastructure to support video content production activities, such as editing, post-production, and finishing; and video playout solutions, including media orchestration software, are based on scalable video servers used by broadcast and media companies to create and playout television channels. The Cable Edge segment offers cable edge solutions and related services, including Narrowcast Services Gateway products primarily to cable operators. In addition, the company provides technical support and professional services, such as program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.

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Corporate Governance 
Harmonic Inc.’s ISS Governance QuickScore as of Apr 1, 2016 is 2. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 1; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Dr. Patrick J. Harshman , 51
Chief Exec. Officer, Pres and Director
Mr. Harold L. Covert Jr., 69
Chief Financial Officer and Sr. VP
Ms. Carolyn V. Aver , 57
Chief Financial Officer
Mr. Charles J. Bonasera , 58
Sr. VP of Operations
Mr. George Stromeyer , 58
Sr. VP of Worldwide Sales
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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