08/29/2024 | Press release | Distributed by Public on 08/29/2024 06:07
SAN JOSE, Calif. - Aug. 29, 2024 - Harmonic (NASDAQ: HLIT) is set to showcase a wide range of cloud and software-based innovations at IBC2024, reinforcing its position as the worldwide leader in video processing and delivery. The company will demonstrate innovations for production and playout, broadcast and distribution, live sports streaming and content monetization to help service providers and broadcasters boost their revenues, elevate viewing experiences and minimize video infrastructure costs.
"Innovation in video streaming and broadcast delivery is a hallmark of Harmonic," said Gil Rudge, senior vice president, video products and solutions at Harmonic. "At IBC2024, we're excited to unveil solutions that increase monetization, dramatically improve video streaming and broadcast experiences and reduce infrastructure expenses for service providers and broadcasters, setting a new standard of excellence."
Harmonic will showcase several advancements for video streaming, including new AI-powered capabilities, allowing video service providers and broadcasters to:
Harmonic will showcase advancements designed to lower video infrastructure costs for service providers and broadcasters:
Harmonic is working with several industry leaders to drive forward the evolution of video streaming and broadcast technologies. Highlights at IBC2024 will include:
To schedule a meeting with Harmonic at IBC2024, stand 1.B20, visit www.harmonicinc.com/video-streaming/events/ibc/. Further information about Harmonic and the company's solutions is available at www.harmonicinc.com.
About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized broadband networking via the industry's first virtualized broadband solution, enabling operators to more flexibly deploy gigabit internet services to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic's business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the risks and uncertainties more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2023, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.
Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.