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April 10, 2003

Forbes: Netgear seeks to raise $115 mln in IPO


My spin So CISCO buys Linksys...and now Netgear (A wholly-owned subsidiary Nortel Networks Corp) wants to go for an IPO. Very interesting...

News Clip: WASHINGTON, April 10 (Reuters) - Netgear Inc., which provides networking products and services for small businesses and households, on Thursday said it plans to go public in an initial stock offering.

The Santa Clara, California-based company filed a preliminary prospectus with the Securities and Exchange Commission, seeking to raise as much as $115 million from the sale of common stock. (full story)

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