Netgear nabs Nas vendor Infrant

Networking specialist Netgear is to acquire privately-held US firm Infrant technologies, its first foray into the network attached storage (NAS) market.

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By  Administrator Published  May 10, 2007

Networking specialist Netgear is to acquire privately-held US firm Infrant technologies, its first foray into the network attached storage (NAS) market.

Under the terms of the deal, announced last week, Netgear will pay US$60million for Infrant, rising to US$80million over the next three years if targets are met.

The vendor will be looking to leverage its brand and international reach to distribute Infrant's product line worldwide.

Infrant sells NAS boxes and Raid arrays targeted at the small and medium-sized business (SMB) and consumer markets. The vendor's flagship product is its ReadyNAS family, which is powered by its proprietary network storage processor and Linux-based Raidiator operating system, and includes its Expandable Protection (X-Raid) Raid expansion technology.

"Infrant's offerings complement Netgear's current Storage Central offering, which is based on Zetera's micro SAN (storage area network) technology, and accelerates Netgear's participation in the expanding market for networked attached storage," said Patrick Lo, chairman and CEO of Netgear.

Following the completion of the transaction, expected to close this quarter, Infrant president and chief technology officer Paul Tien will become general manager of Netgear's storage products. All Infrant's 34 staff, including 21 engineers, are being kept on.

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