OFAC requests information on Harmonic’s French subsidiary Iran transactions

Harmonic, a San Jose-headquartered video technology manufacturer, has disclosed in a Securities and Exchange Commission filing that it has received an administrative subpoena from OFAC to produce information about transactions involving Iran. The transactions in question were conducted by a French company, Thomson Video Networks, which Harmonic acquired in early 2016. Harmonic have confirmed that they are cooperating fully with …