Harmonic Chosen as Video Headend Provider for Latest MRG IPTV Report
Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, today announced that Multimedia Research Group Inc. (MRG) has ranked Harmonic as the top global headend provider within its annual IPTV market report. MRG's comprehensive study, "IPTV Market Leader Report by Product and Region - Fall 2012," identifies the best IPTV systems and software companies in six key product categories and geographical regions. The ranking is based on the number of deployed IPTV subscribers using a given vendor's products and the calculated number of input channels for the IPTV video headend segment. Harmonic video infrastructure solutions currently power 29.9 percent of IPTV service providers' headends worldwide, capturing an impressive 45.6 percent of the market share in Latin America, 53 percent in Western Europe, and 28 percent in North America.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.