Latest in Acquisition

Image credit:

Netgear acquires Infrant to boost storage offerings

Darren Murph
05.03.07
Share
Tweet
Share
Save

Sponsored Links

Hot on the heels of yet another big time acquisition between Philips and DLO comes news that Netgear will be snapping up the privately-held Infrant Technologies for a cool $60 million in cash. All 34 employees will soon be wearing Netgear badges, and Infrant's CEO will move over and become Netgear's Vice President and General Manager for storage products. Essentially, Netgear is hoping that this move will strengthen the firm's presence in the enterprise and small-business storage realm, as it can now offer up a trusted name in RAID-based NAS products for SMB, SOHO, and the home. More specifically, the ReadyNAS, RAIDiator, and X-RAID portfolios were the targets of Netgear's desire, and while details on branding and the timeframe for the merge weren't noted, it sounds like Netgear's ready to get this party started on the double.

[Thanks, Matt]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

The best consoles, games and accessories for students

The best consoles, games and accessories for students

View
Trump tries to overturn ruling stopping him from blocking Twitter users

Trump tries to overturn ruling stopping him from blocking Twitter users

View
Divorce dispute leads to accusation of crime in space

Divorce dispute leads to accusation of crime in space

View
OnePlus 7T might pack a wide-angle camera

OnePlus 7T might pack a wide-angle camera

View
Scientists bioprint living tissue in a matter of seconds

Scientists bioprint living tissue in a matter of seconds

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr