Netgear is spinning off its Arlo security camera business

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Netgear is spinning off its Arlo security camera business

 Netgear announced this afternoon that it plans to spin off its Arlo wing into a standalone business. The networking hardware giant’s board of directors has unanimously approved the decision and plans to have the separation to be completed by the second half of this year.
Netgear is planning an IPO as part of the process, issuing less than 20-percent of common stock in the process and… Read More

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