Video streaming technology firm MediaKind has completed its acquisition of Harmonic’s video business, which provides virtualised broadband solutions, for $145m in cash.
The deal, which was first announced in December 2025, confirms MediaKind as one of the world’s leading independent video infrastructure companies.
The combined company has more than $100m in annual recurring revenue (ARR), and over $150m in annual appliance revenue.
It brings together the two companies’ offerings across SaaS streaming, appliance platforms, and cloud video technologies.
MediaKind will also be home to Harmonic’s Video employees.
“Bringing these two teams together under one roof is a powerful moment, creating a stronger, more capable partner for the media industry at a time of significant change,” said Allen Broome, Chief Executive Officer of MediaKind. “Outstanding technology, deep expertise, and a shared obsession with customer success – we’re ready to build something exceptional.”
In a statement, Harmonic said that the deal would enable it to concentrate resources and capital on its virtualised broadband segment, describing the division as the fastest-growing business within its portfolio.
"The completion of this transaction is a pivotal moment for Harmonic," said Nimrod Ben-Natan, President and Chief Executive at Harmonic. "We now turn our full focus and capital toward broadband, where our established footprint with the world's largest operators positions us as a leader in the industry's shift to virtualised software-defined broadband networks powered by intelligence capabilities. We are proud of the exceptional work our Video Business has accomplished and are confident they will continue to deliver the same innovation and dedication as a part of MediaKind."
LTN and MediaKind recently announced a strategic partnership to integrate MediaKind’s MK.IO Beam on-premise devices with the LTN Network, combining edge video processing with LTN’s global IP transport infrastructure. Discover more here.
SMPTE opens up standards catalogue for free
The Society of Motion Picture and Television Engineers (SMPTE) has made its entire standards catalogue freely available to the global media technology community.
IAMT Impact Awards open for entries
The IAMT Impact Awards at IBC2026 have opened for entries from 16 June 2026 to 31 July 2026.
BBC to cut £160m and 550 jobs
The BBC has confirmed that it will cut around £160m from its operations by closing 550 roles across the news, nations, and content divisions by the start of 2027/28
US Department of Justice approves Paramount’s acquisition of Warner Bros. Discovery
The US Department of Justice has approved Paramount Skydance's $111bn (£82.8bn) acquisition of Warner Bros Discovery.
Lionsgate takes stake in AI firm Runway
US studio Lionsgate has taken an undisclosed equity stake in generative AI company Runway.


