What Does MediaKind's $145M Acquisition Mean for Video Streaming?
Description
MediaKind will acquire Harmonic's video business for $145 million, with the transaction expected to close in the first half of 2026 pending regulatory approval. Harmonic's video division, which recently reported growth through its video SaaS service, will join MediaKind to form an independent SaaS streaming infrastructure provider. The combined company will focus exclusively on video, serve a blue-chip customer base, and is projected to generate over $100 million in annual recurring revenue and $150 million in annual appliance revenue. Harmonic will shift focus to its Broadband segment, while MediaKind will expand its portfolio and invest in innovation for video delivery.
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