- NETGEAR (NTGR, Financial) shifts focus to provide integrated, hassle-free networking solutions for SMEs.
- Pramod Badjate leads strategic repositioning, with a 15% revenue growth last quarter.
- NETGEAR acquires VAAG Systems, expanding its R&D in Chennai for enhanced AI-driven solutions.
NETGEAR, Inc. (NTGR), a pivotal player in intelligent networking solutions, has announced a strategic realignment to better serve small and medium enterprises (SMEs) with efficient and reliable networking solutions. This initiative is part of NETGEAR's commitment to provide seamless and scalable connectivity that aligns with the rapidly evolving business landscape.
Under the leadership of Pramod Badjate, President and GM of NETGEAR for Business, the company aims to become the leading partner for SMEs navigating increasing digital demands. This strategic pivot has already yielded results, with a reported 15% revenue growth in the last quarter and projections indicating double-digit growth in 2025.
In a significant move to bolster its capabilities, NETGEAR has acquired VAAG Systems, a Chennai-based innovator of embedded and cloud software solutions. This acquisition will facilitate the establishment of a new Software Development Center in Chennai, focused on leveraging artificial intelligence to simplify networking for SMEs. This center will enhance NETGEAR’s capability to offer integrated solutions that are easier to deploy and manage, addressing a crucial market need.
Additionally, NETGEAR continues to lead the industry with its pioneering AV-over-IP technology through NETGEAR Business. With a strong ecosystem of over 400 industry partners, the AV division is poised to extend its offerings in commercial, broadcast, and residential AV sectors, supporting a wide range of seamless video integration solutions.
Looking forward, NETGEAR plans to unveil new products and partnerships, ensuring that its business customers remain at the forefront of innovation with cutting-edge, AI-driven advancements. For more information about NETGEAR’s offerings, visit their business page.
