Harmonic Inc. said it completed the acquisition of U.K.-based Broadcast Technology Ltd. (BTL). By integrating BTL into Harmonic’s Convergent Systems division, Harmonic said it is able to expand the scope of solutions it provides for existing and emerging cable, satellite, terrestrial broadcast, and telecom applications.

Under the terms of the acquisition agreement, Harmonic paid 4 million pounds ($7.69 million), including 3 million pounds ($5.77 million) in cash and 169,112 shares of Harmonic’s common stock. Harmonic said the transaction would have no material impact, other than the effect of one-time acquisition-related charges, on the company’s revenues and earnings for the first quarter ending April 1.

“Pairing the BTL professional multi-decoder system with Harmonic’s standard and high-definition encoders help up play a stronger role in the content delivery chain, [helping us grow] our market potential,” said Yaron Simler, president of Harmonic’s Convergent Systems division, in a prepared statement.