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Published on 12/31/2008 in the Prospect News Special Situations Daily.

Scopus Video Networks sets Feb. 6 meeting date to decide merger with Harmonic

By Lisa Kerner

Charlotte, N.C., Dec. 31 - Scopus Video Networks Ltd. will hold a special meeting of shareholders on Feb. 6 for the purpose of approving the company's merger agreement with Harmonic Inc. and its subsidiary, Sunrise Acquisition Ltd.

Record date for the meeting is Jan. 6, a Scopus news release said.

Harmonic agreed to acquire Scopus for $5.63 cash per share, it was previously reported.

Scopus, located in Rosh Ha'ayin, Israel, develops and supports digital video networking, offering video gateways, encoders, decoders and network management products.

Harmonic designs, manufactures and sells video products and system solutions that enable service providers to deliver broadcast and on-demand services. The company is based in Sunnyvale, Calif.


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