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    Description

    • Harmonic Inc. (NASDAQ: HLIT) a leading provider of broadcast and on-demand video delivery solutions, announced that it has completed the acquisition of Scopus Video Networks Ltd. (NASDAQ: SCOP) for $5.62 per share in cash, which represents an enterprise value of approximately $50 million, net of Scopus cash and short-term investments.The acquisition strengthens Harmonics technology and market leadership, particularly in the broadcast contribution and distribution markets, in addition to increasing the global customer base. Scopus customers will be supported by the expanded regional Harmonic sales and support teams, and through channel partners.Harmonic continues to expect cost synergies of $8-10 million on an annualized basis once Scopus becomes fully integrated into the existing Harmonic organization and management structure. The transaction is expected to be accretive to Harmonics non-GAAP earnings in 2009, exclusive of the amortization of intangibles and non-recurring charges such as restructuring and transaction costs.Harmonic will determine the appropriate purchase accounting for the transaction upon closing its first quarter of 2009 and, accordingly, cannot reasonably estimate the impact on GAAP earnings at this time. See Use of Non-GAAP Financial Measures below.
    • location

      Headquarters:4300 North 1st Street , San Jose, California, United States

      More
    • Scopus phone

      Phone Number: +1 212-989-5800

    • Scopus website

      Website:

    • Scopus employees

      Employees:141

    • Scopus revenue

      Revenue:$250 - 500M

    • Scopus legal name

      Legal Name:Scopus

    • Scopus's Social Media

      Scopus linkedin
    • done Is this data correct?

    • |  NAICS Code: 541810  |

        NYSE: HLIT

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    Person level website identification

    President for Scopus

    Noah Wollowick

    President

    Person level website visitor identification

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    View Employees

    Noah Wollowick

    President

    Adrian Wiszniewski

    Owner

    Luiz Sperandio

    Owner

    Silvio Signori

    Gerente De Negocios And Owner Sigtrade Consultoria Em Informatica Ltda

    Chandra Dev

    Vice President=Staffing

    Frequently Asked Questions regarding Scopus

    • Where are Scopus's Headquarters?

      Scopus's Headquarters are in 4300 North 1st Street ,San Jose,California,United States

    • What is Scopus's phone number?

      Scopus's phone number is +1 212-989-5800

    • What is Scopus's stock symbol?

      Scopus's stock symbol is HLIT

    • What is Scopus's Revenue?

      Scopus's revenue is $250 - 500M

    • What is Scopus's NAICS code?

      Scopus's NAICS code is 541810

    • How many employees are working in Scopus

      Scopus has 141 employees

    • What is Scopus's Industry?

      Scopus is in the industry of Computer Software

    • Who is Scopus's President?

      Scopus's President is Noah Wollowick

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