M&A Deal Summary

Netgear Acquires Westell Technologies - Customer Networking Solutions

On March 18, 2011, Netgear acquired technology hardware company Westell Technologies - Customer Networking Solutions from Westell Technologies for 34M USD

Acquisition Highlights
  • This is Netgear’s 3rd transaction in the Technology Hardware sector.
  • This is Netgear’s 3rd largest (disclosed) transaction.
  • This is Netgear’s 4th transaction in the United States.
  • This is Netgear’s 1st transaction in Illinois.

M&A Deal Summary

Date 2011-03-18
Target Westell Technologies - Customer Networking Solutions
Sector Technology Hardware
Buyer(s) Netgear
Sellers(s) Westell Technologies
Deal Type Divestiture
Deal Value 34M USD

Target

Westell Technologies - Customer Networking Solutions

Aurora, Illinois, United States
The CNS division of Westell is a provider of carrier class broadband networking products to U.S. telecommunications service providers. Its CNS family of products enables high-speed transport and networking of voice, data, video and other advanced services over existing copper and fiber infrastructures.

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Buyer(S) 1

Buyer

Netgear

San Jose, California, United States

Category Company
Founded 1996
Sector Technology Hardware
Employees628
Revenue 741M USD (2023)
DESCRIPTION
Entrance to Netgear's corporate headquarters in San Jose, California.
Entrance to Netgear's corporate headquarters in San Jose, California.

Netgear is a global networking company that delivers products to consumers, businesses and service providers. Netgear's business is managed in three specific business units: retail, commercial, and service provider. The retail business unit consists of home networking, home video security, storage and digital media products. The commercial business unit consists of business networking, storage and security solutions. The service provider business unit consists of made-to-order and retail-proven whole home networking hardware and software solutions as well as 4G LTE hotspots sold to service providers for sale to their subscribers. Netgear was formed in 1996 and is based in San Jose, California.


DEAL STATS #
Overall 4 of 7
Sector (Technology Hardware) 3 of 6
Type (Divestiture) 1 of 2
State (Illinois) 1 of 1
Country (United States) 4 of 7
Year (2011) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-17 CP Secure

Cupertino, California, United States

CP Secure is a provider of integrated security appliances that protect organizations from Internet-originated web and email based malware threats.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-04 Firetide

Campbell, California, United States

Firetide, Inc. is a provider of highest performance fixed and mobile wireless IP network infrastructure products that enable concurrent video, voice and data applications for government, transportation, education and commercial customers. The company’s products are used to build private wireless mesh infrastructure and access networks for indoor and outdoor use that are highly reliable and secure. Firetide is based in Silicon Valley with operations throughout the Americas, Europe, and Asia Pacific regions. Firetide has an installed base of thousands of customers in 40 countries around the world.

Buy -

Seller(S) 1

SELLER

Westell Technologies

Aurora, Illinois, United States

Category Company
Founded 1980
Sector Technology Hardware
Revenue 30M USD (2021)
DESCRIPTION

Westell Technologies is a developer of in-building wireless, intelligent site management, cell site optimization, and outside plant solutions focused on innovation and differentiation at the edge of telecommunication networks, where end users connect. Westell Technologies was founded in 1980 and is based in Aurora, Illinois.


DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 2
State (Illinois) 1 of 2
Country (United States) 1 of 2
Year (2011) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-03 Noran Tel

Regina, Saskatchewan, Canada

Noran Tel, Inc. is a provider of telecommunications products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-21 Conference Plus

Schaumburg, Illinois, United States

Conference Plus, Inc. is a provider of audio, video, webcasting and web conferencing services, is dedicated to providing high quality, reliable conferencing services that customers trust with their most important events.

Sell -