Infrant Technologies to be acquired by Netgear

SANTA CLARA, Calif. – May 3, 2007 – NETGEAR, Inc. (NASDAQGM: NTGR), a worldwide provider of technologically advanced, branded networking products, today announced the execution of a definitive agreement to acquire privately-held Infrant Technologies, Inc.

Congrats to the new title, Sam ;)
Actually, this is really good news. Netgear will be able to bring the Infrant product line into more channels and thus the price can be expected to drop. Also this will help Netgear to provide the storage needed for the home entertainment product line. In my opinion Netgear couldn’t have made a better pick. I really love my Infrant RedayNAS (still without the ‘+’) so it’s good to see that this product may be available in normal retail really soon.

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