Arlo Technologies
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Arlo Technologies is an American company that makes wireless
surveillance cameras Closed-circuit television (CCTV), also known as video surveillance, is the use of closed-circuit television cameras to transmit a signal to a specific place on a limited set of monitors. It differs from broadcast television in that the signal ...
. Prior to an
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
(IPO) on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
in August 2018, Arlo was a brand of such products by
Netgear Netgear, Inc. (stylized as NETGEAR in all caps), is an American computer networking company based in San Jose, California, with offices in about 22 other countries. It produces networking hardware for consumers, businesses, and service provide ...
, which retained majority control after the IPO. According to the company, it has shipped 21.6 million devices, has 5.82 million registered accounts, and has 877,000 paid accounts, as of January 2022.


History

On February 6, 2018, Netgear made the announcement that its
board of directors A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...
had unanimously approved the separation of its Arlo business from Netgear. During the second quarter of 2018, Netgear's Arlo unit became a holding of Arlo Technologies, Inc. Netgear issued less than 20% of the Arlo common stock in the IPO, allowing it to retain majority control. The
CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
of Arlo is Matthew McRae. McRae joined Netgear in October 2017 when he was hired as
senior vice president A vice president or vice-president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice ...
of strategy.


Products

Arlo makes products such as the Arlo Security Camera, as well as portable and baby monitoring cameras. Arlo cameras are designed to save energy by use of a low-power standby mode.


Manufacturing

Arlo manufacturing is outsourced to
Foxconn Hon Hai Precision Industry Co., Ltd. (), Trade name, doing business as Hon Hai Technology Group () in Taiwan, Foxconn Technology Group () in China, and Foxconn () internationally, is a Taiwanese multinational corporation, multinational electron ...
and
Pegatron PEGATRON Corporation is a Taiwanese electronics manufacturing company that mainly develops computing, communications and consumer electronics for branded vendors. It also develops, designs and manufactures computer peripherals and components. ...
.


References


External links

* {{Authority control 2018 initial public offerings Companies listed on the New York Stock Exchange Companies based in San Jose, California American companies established in 2018 Home automation companies Netgear
Arlo