Netgear acquires India's VAAG Systems to boost software development capabilities; bets on AI
NEW DELHI: US-headquartered
Netgear
has acquired India's
VAAG Systems
to boost its in-sourcing of
software development
capability.
The Chennai-based firm's executive team, research and development (R&D) specialists and engineers will subsequently join the Wi-Fi gear maker and drive Netgear's new Chennai-based 'Software Development Center', according to a joint statement on Friday.
'Over the next three years, the company plans to accelerate its investment in R&D to enhance its current business offerings. The first key milestone is the acquisition of VAAG Systems, a creator of cutting-edge embedded and
cloud software solutions
based in Chennai, India,' Netgear said in the statement.
The companies, however, did not disclose the financial terms of the deal.
Sudarsan Vasudevan, co-founder & CEO, VAAG Systems, in a LinkedIn statement Friday, said, 'I'm humbled to share that I'll be joining Netgear as Vice President of Software. I believe management's true purpose is to scale trust, and I'm excited to extend the culture we built at VAAG to larger teams at Netgear.'
The new team brings expertise in working at multinational telecom and technology companies, including Qualcomm, HP, Cisco, and MaxLinear, and will focus on leveraging
artificial intelligence
(AI) for small and medium enterprises– a segment that grew by over 15% in terms of revenue for Netgear in Q4 2024.
The Wi-Fi products maker has projected a double-digit growth for 2025 for its 'Netgear for Business' unit, which serves small and medium enterprises.
'Networking is no longer just about being online; it's about leveraging that connection to drive innovation, collaboration and experiences,' said CJ Prober, CEO, Netgear. 'In this next era of Netgear, we are stripping away complexity, removing friction, and reimagining what business networking can be so that our customers don't just keep up with change, they lead it.'
'Current networking solutions don't meet the needs of small and medium enterprises. They're stuck with either complex, overpriced systems meant for larger companies or fragmented solutions that don't integrate well and lack proper support,' said Pramod Badjate, president & GM, Netgear for Business.
Badjate added that Netgear is addressing these challenges by offering an integrated solution that is easier to deploy and manage for managed service providers (MSPs) and small IT departments alike.
The San Jose-based company said it will also expand into the commercial, broadcast, and residential audiovisual (AV) segments to cement its positioning at the intersection of AV and IT.
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