NETGEAR to acquire cybersecurity firm Exium for under $15M; closes Q2 2025

NETGEAR, INC.

Total purchase price less than $15 million, paid in cash from existing reserves.
Exium provides SASE platform; integration into NETGEAR Insight cloud management planned.
Exium CEO Farooq Khan to join NETGEAR for Business leadership team.
Transaction expected close by end of Q2 2025; not material to 2025 results.

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