• Harmonic issued a correction to its June 17 release on the sale of its Video Business to MediaKind, citing an incorrect transmission by PR Newswire.
• The corrected release confirms the divestiture closed for USD 145 million in cash, subject to net working capital and other customary post-closing adjustments.
• The update reiterates the deal positions Harmonic as a pure-play broadband company, shifting capital and focus to its virtualized broadband segment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harmonic Inc. published the original content used to generate this news brief on June 17, 2026, and is solely responsible for the information contained therein.