Core Viewpoint - MediaKind has agreed to acquire the Video Business of Harmonic (HLIT) for approximately $145 million, aiming to create an independent SaaS streaming infrastructure provider by merging two established video technology organizations [1] Group 1: Transaction Details - The acquisition is expected to close in the first half of 2026, pending customary regulatory approvals and closing conditions [1] - The transaction follows a consultation process with a French employee works council, leading to the immediate execution of a purchase agreement [1] Group 2: Business Impact - The combined entity will serve a blue-chip customer base and generate over $100 million in annual recurring revenue and more than $150 million in annual appliance revenue [1] - The merger is anticipated to enhance financial and operational stability, providing customers with greater confidence in the reliability of their video-infrastructure partner as the market evolves [1]