Sunnyvale, Calif. - Harmonic, a provider of broadcast and on-demand video delivery technology, said that it will sell 12.5 million shares for $12 each in a follow-on public offering.

Sunnyvale, Calif. - Harmonic, a provider of broadcast and on-demand video delivery technology, announced that it will acquire Rhozet, which develops universal transcoding technology for the creation of multi-format video for Internet, mobile and broadcast applications, for $15.5 million.