Omneon
- NVP Investment:
$13.9 Million
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Acquisition:
May 6, 2010
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Acquisition Price:
$306 Million
- Employees:
280
- Location:
Sunnyvale, CA
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Acquired by: Harmonic
Larry Kaplan
Founder
"Norwest Venture Partners' long term commitment to Omneon was vital to our sustainability as well as to our successful acquisition by Harmonic. One thing that sets NVP apart from other firms is the fact that the partnership backs its companies for the long haul. NVP continued to support Omneon through some challenging time periods and Matt Howard’s allegiance never wavered over the years. We always had faith in Matt’s personal commitment to Omneon, and it was with his help and guidance that we were able to secure a profitable exit. Matt was an integral part of our team and he felt the same pride we did upon our success."
Suresh Vasudevan
President and CEO
"NVP was a great partner through every stage of Omneon’s life cycle. Matt Howard and Promod Haque demonstrated their commitment by supporting Omneon from the very early stages of the company through the more challenging times along the way. Throughout our company’s rapid growth, Matt continued to play an active role on the board, advising as well as partnering with the management team on strategic decisions and key execution initiatives. He also helped us leverage the NVP network within the media industry and introduced us to key bankers, law firms and other professional services firms. Over the years, NVP acted as an extension of our team and maintained a strong belief in Omneon."