|Traded as||NASDAQ: NTGR
S&P 600 Component
|Founded||January 8, 1996; 21 years ago (1996-01-08)|
|Headquarters||San Jose, California, U.S.|
|Patrick Lo, CEO & Chairman|
|Products||Hubs, Routers, DSL/Cable Gateways, Switches, Wireless Access Points, Storage and security IP cameras|
|Revenue||US$ 1.30 billion (2015)|
|US$ 48.6 million (2015)|
Number of employees
NETGEAR Inc. (stylized, trademarked, and marketed as NETGEAR) is an American global networking company that delivers products to consumers, businesses, and service providers. The company operates in three business segments: retail, commercial, and service provider.
The company's products are built on a variety of proven technologies such as wireless (WiFi and LTE), Ethernet and powerline, with a focus on reliability and ease-of-use. The product line consists of wired and wireless devices that enable networking, broadband access and network connectivity. These products are available in multiple configurations to address the needs of the end-users in each geographic region in which the Company's products are sold. Netgear products are sold in approximately 28,000 retail locations around the globe, and through approximately 31,000 value-added resellers, as well as multiple major cable, mobile and wireline service providers around the world. The company's headquarters are in San Jose, Calif., with additional offices in approximately 25 countries.
Netgear's range of products are primarily focused in the networking market, with networking products for home and business use, including wired and wireless technology.
Netgear markets a range of network products for the business sector, most notably their ProSAFE switch range. As of May 2007, Netgear provides limited lifetime warranties across their entire range of ProSAFE products for as long as the original buyer owns the product. Currently focusing on Multimedia segment.
Netgear also markets various network appliances for the business sector, such as managed switches and wired and wireless VPN firewalls. The firewalls compete in the SoHo and SMB market with Linksys, as well as with software distributions such as IPFire, pfSense, m0n0wall, SmoothWall, and Untangle. The managed switches compete with HP ProCurve Networking and 3Com.
Netgear sells a line of premium NAS devices to small businesses and consumers under the product name ReadyNAS. With this storage hardware line, Netgear vies with competitors like Buffalo and HP to deliver NAS solutions to target market segments. Netgear entered the storage market in May 2007 when it acquired Infrant (originator of the ReadyNAS line). In March 2009, Netgear began to offer an integrated online backup solution called the ReadyNAS Vault.
Various Netgear products that were manufactured by SerComm were found to contain a backdoor that allowed unauthorized remote access to the affected devices. Netgear, along with other companies with products manufactured by SerComm that were affected by the aforementioned backdoor issued firmware updates for some of the affected products, but it was shortly found that the updates merely hid the backdoor but did not remove it.
On January, 2017, various Netgear product were found to be vulnerable to an exploit that allows a third party to access the router and the internal network and turn the router into a botnet.
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