HLIT - Harmonic Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Harmonic Inc.

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

SectorTechnology
IndustryCommunication Equipment
Full Time Employees1,160

Key Executives

NameTitlePayExercisedYear Born
Dr. Patrick J. HarshmanPres, CEO & Director713.84kN/A1965
Mr. Sanjay KalraSr. VP, CFO & Principal Accounting OfficerN/AN/A1973
Mr. Neven HaltmayerSr. VP of R&D - Video Bus.400.79kN/A1965
Mr. Nimrod Ben-NatanSr. VP & GM of Cable Access Bus.436.4kN/A1968
Mr. Timothy C. ChuGen. Counsel, Sr. VP of HR & Corp. Sec.N/AN/A1973
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, as well as to broadcast and media companies, including streaming new media companies. This segment's video processing solutions include network management and application software, and hardware products, such as cloud media processing, broadcast and distribution encoders, contribution encoders, multiscreen transcoders and stream processing systems, multiscreen delivery, decoders and descramblers, and video servers. This segment also provides video-optimized storage systems; and unified video playout and processing software-as-a-service solutions. The Cable Edge segment offers cable edge solutions and related services, including CableOS software-based converged cable access platform solutions; and narrowcast services gateway products primarily to cable operators. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, system testing, and training. Harmonic Inc. sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was founded in 1988 and is headquartered in San Jose, California.

Corporate Governance

Harmonic Inc.’s ISS Governance QualityScore as of October 1, 2018 is 1. The pillar scores are Audit: 2; 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.