Who owns Netgear?

Publish date: 2024-05-07

Netgear, Inc. is engaged in providing networking technologies and Internet-connected products for consumers, businesses, and service providers. The Company operates through two segments: Connected Home and Small and Medium Business (SMB).

Netgear Inc. was founded in 1996 in not the most typical fashion. Patrick Lo, the man responsible for the creation of the company was not your run-of-the-mill entrepreneur, yet an electrical engineer who worked at Bay Networks, Inc. He didn’t try to go all out on his own with starting the company, yet he discussed his ideas with his superiors at Bay Networks.

who-owns-netgearWho owns Netgear?

Netgear’s focus is primarily on the networking market, with products for home and business use, as well as pro-gaming, including wired and wireless technology. Netgear was founded by Patrick Lo in 1996. Lo graduated from Brown University with a B.S. degree in electrical engineering. Before founding Netgear, Lo was a manager at Hewlett-Packard. Netgear received initial funding from Bay Networks. The company was listed on the NASDAQ stock exchange in 2003.

In 2003 Netgear Inc went public, despite the ongoing dot-com crisis at the time. The company had a solid production line, a newly developed market, and was one of a kind in terms of innovation and quality. At this point, Netgear held the third spot in the networking equipment competition line, with Linksys and D-Link being more potent.

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