Harmonic completed the acquisition of the video networking software business of Entone Technologies, a privately-held company based in San Mateo, CA, with research and development facilities in Hong Kong.
Entone’s software solutions are designed to handle content ingest, distributed content management and video streaming — facilitate the provisioning of personalized video services including video-on-demand (VOD), network personal video recording (nPVR), time-shifted television and targeted advertisement insertion. http://www.harmonicinc.com
- In August 2006, Harmonic agreed to acquire the video networking software business of Entone Technologies, a privately-held software developer specializing in IPTV VOD and other digital video solutions for commercial broadcasters. The agreed upon purchase price of $45 million is comprised of $26 million in cash and the value of approximately 3.54 million shares of Harmonic common stock.
- In September 2005, Entone Technologies introduced its “Armada” asset allocation solution for managing libraries of VOD titles. The system goes beyond static VOD content distribution systems by dynamically and cost-optimally placing video assets in the appropriate location and storage media based on their real-time popularity.