Netgear buys Infrant, home media storage company, for $60M
Netgear, the Santa Clara, Calif provider of home networking equipment, has agreed to buy Infrant Technologies, of Fremont, for $60 million in cash.
The deal includes possible payments of up to $20 million over three years if specific revenue targets are reached.
Infrant offers digital-storage devices (for things like photos, music files) to home and small businesses, with quite a few other services to boot.
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