Latest news with #PramodBadjate
Business Wire
4 days ago
- Business
- Business Wire
NETGEAR Delivers on the Next Milestone of its Enterprise Vision with the Acquisition of Exium, Bringing Integrated Networking and Security to Small and Medium Enterprises
SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR® Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions designed to power extraordinary experiences, today announced a definitive agreement to acquire Exium, a cybersecurity company, as part of its continuing investment in cloud-based solutions for advanced business connectivity. The acquisition builds on the company's goal of delivering next-gen networking solutions that provide simplicity, reliability, and cost-effectiveness to small and medium enterprises. Exium's products and expertise will help to add an integrated Secure Access Service Edge (SASE) platform to NETGEAR's robust network offering. This solution will offer the first, completely integrated, network and security solution, purpose built for MSPs and SMEs. According to Gartner, the SASE market is expected to grow at a 29% CAGR, reaching over $25 billion by 2027 as organizations increasingly prioritize cloud-based networking and security solutions. With the integration of Exium's platform and expertise, NETGEAR for Business will build an all-in-one, easy-to-use solution that includes wired and wireless networking as well as firewall and integrated security. 'AI has changed the threat landscape for small and medium enterprises as well as larger businesses, but the solutions for SMEs are often too difficult to implement or need to be cobbled onto the network and managed separately,' said Pramod Badjate, President and GM of NETGEAR for Business. 'By offering the Exium SASE solution with the goal of integrating it into our Insight cloud management platform, we'll be able to bring our customers a seamless, single-pane-of-glass solution that is easily deployed and managed by small IT teams or MSPs.' The Exium team brings deep expertise in building widely deployed networking and security solutions. The company's SASE solution was built with MSPs in mind to help onboard and serve their small and medium enterprise customers rapidly. Exium CEO Farooq Khan will continue to lead the Exium solution, joining the NETGEAR for Business leadership team. 'Exium was built from the ground up as a cybersecurity solution to help protect small and medium enterprises that lack a comprehensive solution for combatting cybersecurity threats,' said Khan. 'We share a similar vision with NETGEAR and are excited to be joining the team to build a fully integrated network and security solution specially tailored to serve the needs of these customers.' The closing of the transaction is subject to customary closing conditions and is expected to occur by the end of Q2 2025. About NETGEAR, Inc. Founded in 1996 and headquartered in the USA, NETGEAR® (NASDAQ: NTGR) is a global leader in innovative networking technologies for businesses, homes, and service providers. NETGEAR delivers a wide range of award-winning, intelligent solutions designed to unleash the full potential of connectivity and power extraordinary experiences. For businesses, NETGEAR offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of small and medium enterprises. NETGEAR's consumer products deliver advanced connectivity, powerful performance, and enhanced security features right out of the box, designed to help keep families safe online, whether at home or on the go. More information is available from the NETGEAR Press Room or by calling +1 (408) 907-8000. Connect with NETGEAR on LinkedIn, Facebook, Instagram and the NETGEAR blog at ©2025 NETGEAR, Inc. NETGEAR, NETGEAR Insight and the NETGEAR logo are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved. Source: NETGEAR-G
New Indian Express
02-05-2025
- Business
- New Indian Express
SMEs to benefit as US's Netgear opens software centre in Chennai
CHENNAI: Netgear, a California-based networking equipment company, has expanded its footprint in India with the opening of a new software development centre in Chennai, a move it says will accelerate its push into AI-powered and cloud-based solutions for Small and Medium-sized Enterprises (SMEs). The announcement follows Netgear's acquisition of local software firm VAAG Systems, whose engineers and intellectual property will form the foundation of the new centre. The company plans to more than triple the size of the team over the next 18 months, with over 100 new employees expected to join the Chennai office. 'Small businesses want enterprise-grade reliability without enterprise-grade complexity,' said Pramod Badjate, president and general manager of Netgear's business division. 'Our investment in AI and software is about simplifying that experience - making powerful networks work intuitively and reliably, without a steep learning curve,' he said. Founded in 1996, Netgear has traditionally been known for its consumer and prosumer networking devices. But as businesses increasingly shift to hybrid work environments and cloud-managed networks, the company is recalibrating its strategy to cater to SME customers who demand scalable, user-friendly connectivity, a release said. While the company has not disclosed the value of the VAAG deal, executives said the acquisition is primarily talent- and-IP-driven, aimed at speeding up innovation cycles. For Chennai - already home to development hubs for major tech firms like Zoho, Freshworks, and Cisco - the arrival of Netgear adds further momentum to its emergence as a key node in India's AI and cloud innovation ecosystem.
Forbes
30-04-2025
- Business
- Forbes
Netgear Shifts Focus To Simple And Reliable Network Solutions For SMEs
Netgear headquarters in Silicon Valley; Netgear Inc. is a multinational computer networking company Netgear has long been a high-profile brand in the consumer and business networking market but with increasing competition at the budget end of the sector, the company is sharpening up its vision to meet the growing demand from small and medium enterprises looking for scalable and secure networking systems. 'For nearly 30 years, Netgear has been the trusted force behind the world's most critical connections—powering businesses, ideas, and experiences across the globe. But the business world is evolving quickly and so are we. Networking is no longer just about being online; it's about leveraging that connection to drive innovation, collaboration and experiences,' says CJ Prober, Netgear's CEO. 'In this next era of Netgear, we're 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,' he adds. Pramod Badjate is Netgear's business president and general manager. Before joining Netgear, Badjate ... More worked with Arista, Ruckus and Cisco. Leading the expansion is Netgear's business president and general manager Pramod Badjate with expertise in networking gained with Arista, Ruckus and Cisco. Since joining Netgear nine months ago, Badjate has been repositioning the brand into the go-to partner for SMEs with increasing digital demands. The company has experienced rapid growth in the SME segment, with over 15% revenue expansion in the last quarter and double-digit growth forecasted for 2025. Badjate is directing significant investment into product and technology innovation while also assembling a team across all functions to ensure Netgear can meet its customers' demands while making the business relationship easier. Over the next three years, Netgear plans to accelerate its investment in R&D to enhance its current business products and services. The first key milestone is the acquisition of VAAG Systems, a creator of innovative embedded and cloud software solutions based in Chennai, India. Netgear makes the Orbi, arguably the world's most sophisticated and powerful wireless mesh ... More networking solution currently on the market. This is the Wi-Fi 7 version. Netgear claims this investment will enable the company to accelerate the in-sourcing of a software development capability and will form the foundation of Netgear's new Chennai-based Software Development Center. The new team has lots of industry expertise with companies such as Qualcomm, HP, Cisco and MaxLinear. The focus will be on leveraging AI to simplify networking for SMEs. Each of Netgear's new developments or additions will now follow a clear strategy to help businesses escape the clunky and fragmented networks that lack support. The new approach will help companies avoid bloated and overpriced networking systems containing features many businesses simply don't need. With competition at the budget end of the market now very fierce, it makes sense for Netgear to play to its strengths by servicing SMEs with more focused and usable networking products. '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,' says Badjate. 'We're changing that, offering an integrated solution that is much easier to deploy and manage for MSPs and small IT departments alike. We acknowledge the criticality of networking for these businesses and do not compromise on reliability and support.' The Netgear range covers every sector from consumer through SME and high-end enterprise networking ... More solutions. Netgear Business is also a pioneer in AV-over-IP technology, which helps businesses, customers and employees connect. Recognizing the surge in demand for seamless video integration, the AV division has developed a robust ecosystem consisting of more than 400 industry partners, supported by a portfolio of preconfigured solutions, design services and ongoing education. Under Badjate's leadership, this high-growth segment will expand its offerings in commercial, broadcast and residential AV. 'From concert halls and command and control centers to stadiums and boardrooms, Netgear AV powers the world's most impactful audio-visual experiences,' stresses Badjate. 'There has never been a more exciting time to be a partner or customer of NETGEAR. We are delivering plug-and-play AV solutions that just work by deleting the complexity of an AV over IP network. Our partners, in turn, realize huge savings in labor costs compared to traditional solutions.' In the coming months, Netgear says it will continue to unveil new products, programs, and partnerships to innovate and keep the company's business customers ahead of the curve with AI-driven advancements, scalability and innovation.
