Arlo Technologies
{{short description|Internet-connected smart home brand}}
{{Infobox company
| name = Arlo Technologies, Inc.
| logo = Arlo New Logo.png
| type = Public
| traded_as = {{NYSE|ARLO}}
S&P 600 component
Russell 2000 Index component
| industry = Surveillance cameras
| founded = 2014 (as a division of Netgear)
2018 (as an independent company)
| hq_location_city = San Jose, California
| hq_location_country = United States
| key_people = {{Unbulleted list|Matthew McRae (CEO)|Christine M Gorjanc (CFO)|Brian Busse (General Counsel and Secretary)}}
| products = Surveillance cameras
| revenue = {{decrease}} {{USD|357 million|link=yes}} (2020)
| num_employees = 355
| num_employees_year = 2021
| website = {{url|https://arlo.com}}
| footnotes = {{Cite web|url=https://fintel.io/n/us/arlo|title=NYSE:ARLO / Arlo Technologies, Inc. - Insider Trading|website=fintel.io|language=en-US|access-date=2019-03-04}}{{cite news |last=Segal |first=Zach |date=18 June 2021 |title=Arlo Pivots to SaaS |url=https://ipvm.com/reports/arlo-saas |work=IPVM |access-date=16 July 2021}}{{subscription required|s}}
}}
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.{{Cite news|url=https://www.bizjournals.com/sanjose/news/2018/07/30/arlo-technologies-ipo.html|title=The Funded: Arlo Technologies is next Bay Area IPO, coming Friday|last=Schubarth|first=Cromwell|date=July 30, 2018|work=Silicon Valley Business Journal|access-date=August 3, 2018|publisher=American City Business Journals}}
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.{{Cite web|url=https://investor.arlo.com/ir-home/default.aspx|title=Arlo - Investor Relations|website=investor.arlo.com|language=en-US|access-date=January 29, 2022}}
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.{{Cite news|url=https://www.cnet.com/news/netgear-spins-its-arlo-smart-home-security-brand-off-as-a-public-company/|title=Netgear spins its Arlo smart home security brand off as a public company|last=Wollerton|first=Megan|date=August 3, 2018|work=CNET|access-date=August 3, 2018|publisher=CBS Interactive}}
The CEO of Arlo is Matthew McRae. McRae joined Netgear in October 2017 when he was hired as senior vice president of strategy.{{Cite web|url=http://investor.netgear.com/releases/press-release-details/2018/NETGEAR-Announces-Planned-Separation-of-its-Arlo-Business/default.aspx|title=NETGEAR Announces Planned Separation of its Arlo Business|website=Netgear Investor Portal|language=en-US|access-date=February 11, 2018}}
Products
File:Wireless Arlo video doorbell.jpg
Arlo makes products such as the Arlo Security Camera,{{Cite news|url=https://www.digitaltrends.com/smart-home-reviews/netgear-arlo-vms3230-review/|title=Arlo Smart Home Security Camera System review|last=McGrath|first=Jenny|date=March 6, 2015|work=Digital Trends|access-date=August 31, 2018}} as well as portable and baby monitoring cameras.{{Cite news|url=https://www.tomsguide.com/us/arlo-baby-video-monitor,review-5053.html|title=Netgear Arlo Baby Review: The Baby Monitor to Beat|last=Ochs|first=Susie|date=January 6, 2018|work=Tom's Guide|access-date=August 3, 2018}} Arlo cameras are designed to save energy by use of a low-power standby mode.{{Cite journal|last=Corcoran|first=P.|date=January 2016|title=Just Another Year in the Consumer Electronics Industry|journal=IEEE Consumer Electronics Magazine|volume=5|pages=3–10|doi=10.1109/MCE.2015.2485318|hdl=10379/5990|s2cid=42717333 |hdl-access=free}}
Manufacturing
References
{{reflist}}
External links
- {{Finance links
| symbol = ARLO
| sec_cik = ARLO
| google = ARLO
| yahoo = ARLO
| bloomberg = ARLO:US
| reuters = ARLO
| nasdaq = ARLO
}}
{{Authority control}}
Category:2018 initial public offerings
Category:Companies listed on the New York Stock Exchange
Category:Companies based in San Jose, California
Category:American companies established in 2018
Category:Home automation companies
- [http://www.arlo.com/ Arlo]