SAN JOSE, Calif., Sept. 12, 2019 /PRNewswire/ -- Harmonic
(NASDAQ: HLIT) today announced a groundbreaking new delivery
capability for its VOS® cloud-native offerings that
provides telco, cable and mobile operators with real-time
scalability for mission-critical, high-demand live video streaming
services. This exciting new capability has successfully been
deployed by a leading mobile network operator to deliver live
sports content utilizing a multi-CDN approach with Harmonic's CDN
partners.
Operated as a fully managed service, this expanded video
delivery functionality utilizes a single control platform and a
multi-tiered, multi-CDN approach leveraging established
partnerships with third-party CDNs and video delivery nodes
deployed by Harmonic. With no upfront investment, this unique SaaS
offering enables operators to achieve unparalleled scale, decrease
costs, and improve quality-of-experience for live video streaming
and on-demand content.
"The biggest challenge with live video streaming is being able
to handle the unexpected peaks in viewership, especially during
premium events," said Shahar Bar,
senior vice president, Video Business, at Harmonic. "This new
access network capability for our VOS offerings provides operators
with the ultimate trifecta for live premium-quality video
streaming: immediate scalability, critical reliability and smart,
flexible pricing models. It's essentially an insurance policy for
live video delivery and an exclusive capability not achievable with
other business-as-usual solutions."
Using this groundbreaking new extension of Harmonic's VOS
offerings, operators can reliably deliver exceptional-quality video
streaming experiences. By optimally leveraging multiple delivery
paths, Harmonic's new capability gives operators the power and the
confidence to scale rapidly while economically supporting the
quality demands of premium live video streaming.
Harmonic will showcase its innovative video SaaS and software
solutions for OTT and next-gen TV delivery at IBC2019, Sept. 13-17, in Amsterdam at Stand 1.B20. Further information
about Harmonic and the company's solutions is available at
www.harmonicinc.com.
About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide
leader in video delivery technology and services, enables media
companies and service providers to deliver ultra-high-quality
broadcast and OTT video services to consumers globally. The company
has also revolutionized cable access networking via the industry's
first virtualized cable access solution, enabling cable operators
to more flexibly deploy gigabit internet service to consumers'
homes and mobile devices. Whether simplifying OTT video delivery
via innovative cloud and SaaS technologies, or powering the
delivery of gigabit internet cable services, Harmonic is changing
the way media companies and service providers monetize live and VOD
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, 2018, 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.
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SOURCE Harmonic Inc.