Arlo Technologies

Arlo Technologies is an American company that makes wireless surveillance cameras. Prior to an initial public offering (IPO) on the New York Stock Exchange in August 2018, Arlo was a brand of such products by Netgear, which retained majority control after the IPO.[3]

Arlo Technologies, Inc.
TypePublic
NYSE: ARLO
S&P 600 component
Russell 2000 Index component
IndustrySurveillance cameras
Founded2014 (as a division of Netgear)
2018 (as an independent company)
Headquarters
San Jose, California
,
United States
Key people
ProductsSurveillance cameras
RevenueDecrease US$357 million (2020)
Number of employees
355 (2021)
Websitearlo.com
Footnotes / references
[1][2]

According to the company, it has shipped 21.6 million devices, has 5.82 million registered accounts, and has 877 thousand paid accounts, as of January 2022.[4]

History

On February 6, 2018, Netgear made the announcement that its board of directors 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.[5]

The CEO of Arlo is Matthew McRae. McRae joined Netgear in October 2017 when he was hired as senior vice president of strategy.[6]

Products
Arlo video doorbell.

Arlo makes products such as the Arlo Security Camera,[7] as well as portable and baby monitoring cameras.[8] Arlo cameras are designed to save energy by use of a low-power standby mode.[9]

Manufacturing

Arlo manufacturing is outsourced to Foxconn and Pegatron.[10]

References
  1. "NYSE:ARLO / Arlo Technologies, Inc. - Insider Trading". fintel.io. Retrieved 2019-03-04.
  2. Segal, Zach (18 June 2021). "Arlo Pivots to SaaS". IPVM. Retrieved 16 July 2021.(Subscription required.)
  3. Schubarth, Cromwell (July 30, 2018). "The Funded: Arlo Technologies is next Bay Area IPO, coming Friday". Silicon Valley Business Journal. American City Business Journals. Retrieved August 3, 2018.
  4. "Arlo - Investor Relations". investor.arlo.com. Retrieved January 29, 2022.
  5. Wollerton, Megan (August 3, 2018). "Netgear spins its Arlo smart home security brand off as a public company". CNET. CBS Interactive. Retrieved August 3, 2018.
  6. "NETGEAR Announces Planned Separation of its Arlo Business". Netgear Investor Portal. Retrieved February 11, 2018.
  7. McGrath, Jenny (March 6, 2015). "Arlo Smart Home Security Camera System review". Digital Trends. Retrieved August 31, 2018.
  8. Ochs, Susie (January 6, 2018). "Netgear Arlo Baby Review: The Baby Monitor to Beat". Tom's Guide. Retrieved August 3, 2018.
  9. Corcoran, P. (January 2016). "Just Another Year in the Consumer Electronics Industry". IEEE Consumer Electronics Magazine. 5: 3–10. doi:10.1109/MCE.2015.2485318. hdl:10379/5990. S2CID 42717333.
  10. "Arlo Technologies Form S-1/A". www.sec.gov. Retrieved July 29, 2018.
  • Business data for Arlo Technologies:
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.