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Frost & Sullivan Recognizes Harmonic as 2008 Global Digital Media Infrastructure Company of the Year - Frost & Sullivan recognizes Harmonic Inc. (NASDAQ: HLIT) as the recipient of the 2008 Global Digital Media Infrastructure Company of the Year Award
Frost & Sullivan Recognizes Harmonic as 2008 Global Digital Media Infrastructure Company of the Year

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2008/04/02 - Frost & Sullivan recognizes Harmonic Inc. (NASDAQ: HLIT) as the recipient of the 2008 Global Digital Media Infrastructure Company of the Year Award.

   
 
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Harmonic’s best practices, market leadership and technology excellence distinguish the company as a leader in the digital media infrastructure market.

With strong leadership, a highly competitive strategy and a set of robust and innovative solutions, Harmonic focuses its efforts towards creating a strong value proposition for the digital video industry. Its quiet but aggressive growth in multiple market segments has established Harmonic as a strong participant in video processing and distribution solutions.

In a highly dynamic market environment, Harmonic has emerged as a one-stop solutions vendor to cater to the growing demand for digital video delivery from its wide range of customers that includes the world’s leading broadcast, cable, satellite, telco and Internet service providers.

“Harmonic was among the early incumbent video solution companies to incorporate IP-based technology and is focused on enabling higher quality, more efficient video processing and delivery,” notes Frost & Sullivan Senior Industry Analyst Vidya S. Nath. “Harmonic’s adoption of cost-efficient ASIC solutions to build its latest generation of MPEG-4 based compression systems, further optimizing quality and performance, is just one example of its robust engineering technologies.”

“We are honored to receive this prestigious award from Frost & Sullivan,” said Patrick Harshman, President and CEO of Harmonic. “At Harmonic, we are focused on redefining video delivery—developing innovative technologies that set the pace in the industry and enable our customers to offer more advanced video services. This award recognizes the hard work and expertise of our more than 650 employees in creating and delivering high quality solutions.”

Harmonic’s offerings include hardware and software-based solutions that enable service operators to provide a range of interactive and advanced digital services such as video-on-demand (VOD), high definition television (HDTV), time-shifted TV, targeted advertising, video to any device (TV, PC and mobile/portable devices).

Its DiviCom encoder family includes market-leading MPEG-4 AVC (H.264) and MPEG-2 standard definition and high definition products that use signal pre-processing, noise reduction and encoding algorithms to produce high-quality video and audio at low data transmission rates.

For cable edge and access networks, Harmonic offers the Narrowcast Services Gateway (NSG) universal edgeQAM that has set the standard for VOD, broadcast, switched digital video, modular CMTS and edge encryption applications. In the HFC access network, Harmonic also provides transmitters, optical amplifiers, segmentable nodes and return path equipment for fiber-deep and 1-GHz cable architectures.

Focused on the potential of the growing video delivery market, the company also made strategic acquisitions in 2006 and 2007, purchasing Entone Technologies’ on-demand business and Rhozet, the leader in transcoding for Internet and broadcast video applications. As part of the Entone acquisition, Harmonic added the Armada intelligent asset manager and Streamliner video servers for efficient management and distribution of VOD assets.

“With these acquisitions, Harmonic has solidified its position as a strong video delivery company with a complete set of solutions for all types of video service providers,” notes Nath. “Harmonic reported impressive year-on-year revenue growth in 2007 and was also solidly profitable, despite a very high degree of competition in this market.”

In recognition of these achievements, Frost & Sullivan is proud to present Harmonic with the 2008 Global Digital Media Infrastructure Company of the Year Award.

Each year Frost & Sullivan presents this Award to the company that has demonstrated unparalleled excellence within its industry. The Award is based on numerous factors including the company’s business development, competitive strategy, customer satisfaction, and leadership within a particular industry.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Harmonic Inc.
Harmonic Inc. is a leading provider of versatile and high performance video solutions that enable service providers to efficiently deliver the next generation of broadcast and on-demand services including high definition, video-on-demand, network personal video recording and time-shifted TV. Cable, satellite, broadcast and telecom service providers can increase revenues and lower operational expenditures by using Harmonic’s digital video, broadband optical & edge access and software solutions to offer consumers the compelling and personalized viewing experience that is driving the business models of the future.

Harmonic (NASDAQ: HLIT) is headquartered in Sunnyvale, California with R&D, sales and system integration centers worldwide. The Company’s customers, including many of the world’s largest communications providers, deliver services in virtually every country. Visit www.harmonic.com for more information.

About Frost & Sullivan
Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
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Frost & Sullivan Recognizes Harmonic as 2008 Global Digital Media Infrastructure Company of the Year

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Frost & Sullivan |
Publisher Contact: Stacie Kopecki 
210.247.2450 Stacie.kopecki[.]frost.com
 
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