MediaKind to Acquire Harmonic, Forming Streaming-Video Powerhouse
In a big move in the streaming industry, MediaKind is set to acquire Harmonic’s video business for about $145 million. This deal is expected to be finalized in the first half of 2026 once all the necessary approvals are in place.
By bringing these two established video technology companies together, MediaKind aims to create a new powerhouse in SaaS streaming, appliance platforms, and cloud AV workloads. The combined business is projected to cater to a top-tier customer base, with an annual recurring revenue of over $100 million and more than $150 million in appliance revenue. With a strong focus on video, this partnership sets the stage for long-term growth and innovation.
Allen Broome, the CEO of MediaKind, expressed excitement about this partnership, highlighting the potential for enhanced product solutions and accelerated innovation. This move reinforces MediaKind’s commitment to providing customers with cutting-edge video infrastructure and solidifies their position as a leader in the industry.
Nimrod Ben-Natan, president, and CEO of Harmonic, also sees this acquisition as a strategic move that aligns with the growth strategies of both companies. This transaction allows Harmonic to focus on its core Broadband segment while ensuring the Video Business, its customers, and employees transition to a new organization dedicated to the future of video delivery.
By merging engineering teams, R&D centers, and product roadmaps, MediaKind plans to fast-track innovation and bring advanced video solutions to market quicker. With a shared cloud-neutral approach, the combined business is poised to introduce new features rapidly and provide excellent support to customers across various cloud and appliance environments.
Overall, this acquisition sets the stage for a new era in streaming video technology, combining the strengths of two industry players to offer customers a more robust and reliable video infrastructure solution.
