Harmonic Expands Partnership with Cignal TV to Offer Cloud-Native Solution

On May 20, Harmonic Inc. (NASDAQ:HLIT) expanded its partnership with Cignal TV to offer its cloud-native VOS360 Medis SaaS technology. Cignal TV, a prominent pay-TV provider in the Philippines, will use Harmonic’s technology to enhance its premium video streaming and broadcast services. Harmonic’s cloud-native solution will help Cignal to improve its channel origination, playout, and disaster recovery.

Harmonic Expands Partnership with Cignal TV to Offer Cloud-Native Solution

A software engineer hosting a remote video training session on a multi-cloud database-as-a-service solution.

Harmonic Inc. (NASDAQ:HLIT) is a leading provider of virtualized broadband and video delivery solutions. Its solutions allow media service providers to offer ultra-high-quality video streaming and broadcast services to consumers. Through its innovative cloud solutions, Harmonic is revolutionizing the way media companies monetize live and on-demand content.

Harmonic Inc.’s cloud-based solutions will assist Cignal TV in reducing infrastructure costs and supporting rapid service launches. VOS360 is deployed on Cignal TV through a local partner, Composite Technology. According to Maximize Market Research, the global cloud media and entertainment content management market is expected to grow from $14.38 billion in 2023 to $29.05 billion in 2030, growing at a CAGR of 10.56%. This presents a great opportunity for Harmonic to utilize this growing market trend.

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Disclosure. None.