• Harmonic Acquires Video Storage Company Omneon For $306 Million

    The online video world has begun to consolidate. Broadcast and online video delivery giant Harmonic has acquired video storage company Omneon for approximately $306 million in cash and Harmonic stock. Harmonic will pay $190 million in cash and issue approximately 17.1 million shares of its stock, which is a total value of $306 million roughly. The deal is expected to close in the third quarter… Read More