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Harmonic Inc. (HLIT)


NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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Harmonic Inc.

4300 North First Street
San Jose, CA 95134
United States
408-542-2500
http://www.harmonicinc.com

SectorTechnology
IndustryCommunication Equipment
Full Time Employees1,365

Key Executives

NameTitlePayExercisedAge
Dr. Patrick J. HarshmanChief Exec. Officer, Pres and Director713.84kN/A52
Mr. Neven HaltmayerSr. VP of R&D400.79kN/A52
Ms. Carolyn V. AverChief Financial OfficerN/AN/A58
Mr. Nimrod Ben-NatanSr. VP and Gen. Mang. of Cable Edge Bus.436.4kN/A49
Mr. Bart SpriesterSr. VP of Video Products399.1kN/A48
Amounts are as of December 31, 2016 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.

Description

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 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 tools. 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 that 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; and software-based CCAP solution. The company also 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.

Corporate Governance

Harmonic Inc.’s ISS Governance QualityScore as of June 2, 2017 is 1. The pillar scores are Audit: 5; Board: 1; Shareholder Rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.