With its focus now on the cable industry's transition to next-generation virtualized DOCSIS 4.0 networks, San Jose, California-based tech vendor Harmonic has received what it says are several purchase offers for the video side of its business and it’s evaluating a possible sale.
“Due to changes in the marketplace and our customer strategies, synergies between our broadband and video businesses are now less compelling,” Harmonic CEO Patrick Harshman told equity analysts Monday during the company's third-quarter earnings call. (Seeking Alpha has a full transcript of the event here.)
