• Harmonic relocates headquarters to San Jose
By Mike Robuck
Harmonic has inked a deal to move its headquarters from Sunnyvale to San Jose in California.
According to the Silicon Valley/San Jose Business Journal, Harmonic will leave two buildings in Sunnyvale in August to occupy an 188,000-square-foot building in San Jose.
Harmonic brokered a deal with The Carlyle Group for the new building, but financial terms weren’t available. The building was originally owned by Cisco.
• Vecima to move HQ
By Brian Santo
Vecima Networks said it has acquired property in the city of Colwood, B.C., with the intent of relocating its corporate headquarters there. Colwood is just a few miles from the company’s current headquarters in Victoria.
Surinder Kumar, president and CEO of Vecima, said: “The existing infrastructure, plus the projected growth in Colwood's town center district, offers a vibrant community with easy transit and transportation access, yet still within a setting that offers breathtaking scenic beauty and some of the most affordable housing in the region.”
The company’s main manufacturing and development operations are in Saskatoon.
• IBM signs $83M contract with Digicable
By The Associated Press
NEW YORK (AP) – IBM Corp. said Tuesday it has signed a 10-year, $83 million outsourcing deal with Digicable, a cable and broadband distribution company in India.
As part of the agreement, IBM will provide technology support services to help Digicable manage its business and boost subscriber revenue by adding new services such as video-on-demand, Internet service on TVs and gaming.
Digicable will also provide its customers with access to more channels with better picture quality and sound, IBM said.