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Harmonic Inc. (HLIT)

6.03 0.03(0.50%) Oct 20, 4:00PM EDT
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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:1,048

Business Summary 

Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. Its products enable its customers to create, prepare, and deliver a range of video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company offers video production platforms and playout solutions, such as video server products, which are used by broadcasters, content owners, and multi-channel network operators to create play-to-air television channels. It also provides video-optimized storage systems that offer storage capacity and access bandwidth to support media production applications, such as video editing, content transformation, and media library management; and media application server that provides integrated media management and workflow control over content stored across its systems. In addition, the company offers media services framework, which allows building media management applications that can automate various media processing and movement tasks, collect and organize content metadata, and provide search and review functionality. Further, it provides video processing solutions, including broadcast and distribution encoders; contribution encoders; stream processing and statistical multiplexing solutions; content preparation, storage, and delivery software-based solutions; decoders and descramblers; and management and control software products. Additionally, the company offers narrowcast services gateway products that integrate routing, multiplexing, scrambling, and modulation; and 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. sells its products to cable, satellite and telco, and broadcast and media companies. The company 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 Oct 1, 2014 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 2; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Dr. Patrick J. Harshman , 49
Chief Exec. Officer, Pres and Director
Ms. Carolyn V. Aver , 55
Chief Financial Officer and Principal Accounting Officer
Mr. Charles J. Bonasera , 56
Sr. VP of Operations
Mr. George Stromeyer , 56
Sr. VP of Worldwide Sales
Mr. Neven Haltmayer , 49
Sr. VP of R&D
Amounts are as of Dec 31, 2013 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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