(stylized, trademarked, and marketed as NETGEAR
), founded in 1996, is a U.S. manufacturer of computer networking
equipment and other computer hardware
The company was incorporated January 8, 1996 as a subsidiary
of Bay Networks
, to "focus on providing networking solutions for small businesses and homes." In August 1998, the company was purchased by Nortel
as part of its acquisition of Bay Networks
. Netgear remained a wholly owned subsidiary
until March 2000, when it began transitioning to third-party ownership. It became fully independent from Nortel as of February 2002.
Netgear sells primarily through a sales channel network, which includes traditional retailers, online retailers, direct market resellers, value added resellers, and broadband service providers in North America, Europe, Middle East, Africa, and Asia Pacific. Its main retail competitors are Linksys
. In 2007, the United States (38% of revenue) and the United Kingdom (52%) were the company's two largest markets; however, EMEA and Asia Pacific were the fastest growing, with growth rates of 28% and 34%, respectively.NetGear 2007 10-K, pg. 6, via Wikinvest Article
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... Read More