MediaKind has agreed to acquire the Video Business of Harmonic for $145 million, creating an independent SaaS streaming infrastructure provider. The transaction is set to close in the first half of 2026, pending regulatory approvals. The combined company will have a blue-chip customer base, generate over $100 million in annual recurring revenue, and strengthen financial stability for long-term growth. This move aims to enhance operational stability and reliability for customers in the evolving video market landscape.

Read more at Yahoo Finance: MediaKind to acquire Harmonic’s Video Business for $145M