Harmonic said it agreed to sell its cable networking equipment...
Harmonic said it agreed to sell its cable networking equipment unit to Aurora Networks for $46 million in a cash transaction. Harmonic said the sale of its “Cable Access” unit, which markets transmitters, nodes, optical receivers and optical amplifiers, reflects…
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its strategy of focusing on video production, video playout, video processing and cable edge products. The cable access unit reported $52.9 million in 2012 revenue. “Cable Access was Harmonic’s lowest margin product line,” Harmonic CEO Patrick Harshman said.