Harmonic’s IP-based video processing solutions were deployed by GlobeCast to facilitate the live broadcast of the 2010 Asian Games being held in Guangzhou, China, through November 27. The new Harmonic IP-based headend system provides GlobeCast with high quality compression and stream processing for satellite distribution of live coverage from the Asian Games to affiliate TV stations and MSOs throughout Asia.

GlobeCast is using Harmonic’s Electra 5400 SD and Electra 7000 HD MPEG-4 (AVC) encoders, and ProStream 1000 stream processing platform with integrated Basic Interoperable Scrambling System (BISS) capabilities and DiviTrackIP statistical multiplexing technology to deliver secure, high quality services while optimizing bandwidth efficiency. Harmonic’s ProView 7000 integrated receiver/decoders (IRDs) are used by GlobeCast for content reception.

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Altice USA Announces $2.5bln Buyback

Just a few days after giving up on its $8.4bln bid for Cogeco , Altice USA is repurchasing $2.5bln in shares. Altice stock jumped by 8.55%, closing at $35.03. The company said it has commenced a Dutch auction

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