BNET Industries

Market Cap:$512.9M
Last Fiscal Year Sales:$743.3M
- Public
- US
Dow Jones Description
Network Solutions Products Mfr
CFOChristine M. Gorjanc
Number of Employees 579
Contact Information
4500 Great America Pkwy
Santa Clara, California 95054
(408) 907-8000
Peer Companies
NAICS Code Telephone Apparatus Manufacturing: 334210
Recent Events
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Netgear Launches ReadyNAS 3200 Storage Solution
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NETGEARR Retains Parago to Implement New FastCash Incentive Program
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NETGEAR Launches the Industry's Highest-Density Network Storage Solution for SMBs
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Deutsche Bank Upgrades Netgear NTGR to Hold; Raises Price Target & Estimates
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Netgear Upgraded, Though Trends Still Remain 'Challenging'
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Network-1 settles patent litigation against Netgear
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NETGEAR ReadyNAS NVX Reviewed
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Next HDMI to have Ethernet built in
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Leaf Networks Adds NETGEAR, Inc. as a Customer for its Groundbreaking Peer-to-Peer Communication Software
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NETGEAR® and Mailshell Enter Agreement To Integrate Engine For Spam, Phishing And Reputation Filtering
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Analyst Picks and Pans: AAPL, EBAY, NTGR
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Netgear Broke Out To Highest Level in Nearly Seven Months Thursday
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NetGear introduces MoCA Coax-Ethernet adapter kit
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Netgear
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BWS Financial Downgrades NETGEAR NTGR to Hold; Valuation Call
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Netgear Expands ReadyNAS Range for the SMB Market
News & Analysis
Filter by
netgear - All News and Analysis
Netgear Upgraded, Though Trends Still Remain 'Challenging'
Eric Savitz (Barron's) submits: Netgear NTGR shares received a boost Monday morning from Deutsche Bank analyst Jonathan Goldberg, who raised his rating on the stock to Hold from Sell. “Following our visit to Taiwan, we believe the wireless router landscape has stabilized,” Goldberg writes in a research...
Netgear Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Samuel Wilson – JMP Securities. Samuel Wilson – JMP Securities It sounds like in the retail side of the business you think inventory destocking ends in April/May and in June actually starts to build for back to school. And that's...
NETGEAR® Reports Fourth Quarter and Full Year 2008 Results
- Fourth quarter 2008 net revenue was $161.4 million, as compared to $198.3 million in the comparable prior year quarter - Fourth quarter 2008 non-GAAP net loss of $2.9 million, as compared to net income of $14.8 million in the comparable prior year quarter - Fourth quarter 2008...
NETGEAR, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator Instructions Your first question comes from Maynard Um – UBS. Maynard Um – UBS Question on the reduction in inventory by distribution and retailers, in terms of impacting the revenue does that presume when we look at Q2 you should see a...
NETGEAR's ReadyNAS Duo Wins 2009 Award for Excellence in Technology
Small Business Computing Readers Tap NETGEAR for Best Network Storage SAN JOSE, Calif., Feb. 11 /PRNewswire-FirstCall/ -- NETGEARR, Inc. , a worldwide provider of technologically innovative, branded networking solutions, has been honored with a 2009 Excellence in Technology Award from Small Business Computing magazine as part of its...
NETGEAR and Kaspersky Lab Join Forces to Deliver New VAR-Focused Security Products for SMBs
NETGEAR Debuts ProSecure STM Series of Appliances that Integrate Complete Library of Anti-Malware Technologies from Internet Security Leader Kaspersky Lab SAN JOSE, Calif. and WOBURN, Mass., Jan. 26 /PRNewswire-FirstCall/ -- NETGEARR, Inc. , a worldwide provider of technologically innovative, branded networking solutions, today announced that it has entered...
NETGEAR Schedules Fourth Quarter and Full Year 2008 Results Conference Call
SAN JOSE, Calif., Jan. 26 /PRNewswire-FirstCall/ -- NETGEAR, Inc., , a worldwide provider of technologically innovative, branded networking solutions, today announced that it will hold a conference call with investors and analysts on Thursday, February 12, 2009 at 5:00 p.m. ET (2:00 p.m. PT) to discuss results for the...
NETGEAR Comments on Expected Fourth Quarter Results
SAN JOSE, Calif., Jan. 21 /PRNewswire-FirstCall/ -- NETGEARR, Inc. , said today that based on preliminary data available at this time, the Company expects net revenue for the fourth quarter ended December 31, 2008 to be in the range of $155 million to $160 million. The Company expects...
Netgear Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Samuel Wilson – JMP Securities. Samuel Wilson – JMP Securities I missed head count, cash from operations and CapEx please. Christine Gorjanc Head count at the end of the quarter was 568. CapEx $2.2 million, and cash flow from operations...
Finding the Upside with Broadcom
Steve Murray submits: “Connecting Everything” is a perfect company slogan for a company which has been doing just that. Broadcom BRCM, a semiconductor company based in Irvine, CA, has had explosive growth recently. Many of its products are regarded as parts of the wireless and multi-face future. Its low-cost, high-speed...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Christine M. Gorjanc | CFO |
| Mark G. Merrill | Chief Technology Officer |
| Tom Holt | CIO |
| Charles T. Olson | Senior Vice President, Engineering |
| David Soares | Senior Vice President, Worldwide Sales & Support |
| Michael F. Falcon | Senior Vice President, Operations |
| Andrew Kim | Secretary & Vice President, Legal, Corp Dev |
| Christopher Marshall | Vice President, Finance |
| Vivek Pathela | Vice President, Product Marketing |
| Liam Quinn | Manager, Accounting |
| Ryan Parker | Manager, Australia |
| Warren Manners | Manager, Accounting |
| Gregory J. Rossmann | Director |
| Stephen D. Royer | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| A. Timothy Godwin | Board of Directors |
| George G.C. Parker | Board of Directors |
| Jef Graham | Board of Directors |
| Jocelyn Carter-Miller | Board of Directors |
| Julie Shimer | Board of Directors |
| Linwood A. Lacy | Board of Directors |
| Ralph E. Faison | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| David Soares | Chief Financial Officer | Current |
| NETGEAR, Inc. | CFO | Current |
| Wikicover | Current | |
| Aspect Communications Corporation | Vice President | Former |
| Tandem Computers | Manager, Tax | Former |
| Xidex | Manager, Tax Operations | Former |
| Aspect Communications Corporation | Controller | Former |
| Aspect Communications Corporation | Assistant Secretary | Former |
| Aspect Communications Corporation | Treasurer | Former |
| Golden Gate University | M.S. In Taxation | Former |
| University of Texas at El Paso | B.A. In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| David Soares | Chief Technology Officer | Current |
| NETGEAR, Inc. | Chief Technology Officer | Current |
| NETGEAR, Inc. | Vice President, Engineering | Former |
| NETGEAR, Inc. | Director, Engineering | Former |
| SynOptics Communications | NA | Former |
| Wellfleet | Former | |
| Stanford University | M.S. Degree In Electrical Engineering | Former |
| Stanford University | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | CIO | Current |
| University of Birmingham | B.S. Degree In Mathematics and Statistics | Former |
| Organization | Position | Status |
|---|---|---|
| David Soares | Senior Vice President Engineering | Current |
| NETGEAR, Inc. | Senior Vice President, Engineering | Current |
| NETGEAR, Inc. | Vice President of Engineering | Former |
| Hewlett-Packard Company | Former | |
| Santa Clara University | M.B.A. | Former |
| University of California, Davis | B.S. degree in Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| David Soares | Senior Vice President of Worldwide Sales & Support | Current |
| NETGEAR, Inc. | Senior Vice President, Worldwide Sales & Support | Current |
| NETGEAR, Inc. | Vice President | Former |
| NETGEAR, Inc. | Managing Director | Former |
| NETGEAR, Inc. | Country Manager | Former |
| NETGEAR, Inc. | MD, Europe | Former |
| Organization | Position | Status |
|---|---|---|
| David Soares | Senior Vice President of Operations | Current |
| NETGEAR, Inc. | Senior Vice President, Operations | Current |
| Quantum Corporation | Vice President of Operations | Former |
| Silicon Valley Group | Former | |
| Santa Clara University | M.B.A. program | Former |
| University of California Santa Cruz | B.A. degree in Economics | Former |
Andrew Kim serves as our Vice President of Legal and Corporate Development and Company Secretary. Prior to joining NETGEAR, Mr. Kim served as Special Counsel in the Corporate and Securities Department of Wilson Sonsini Goodrich & Rosati, where he represented public and private technology companies in a wide range of matters, including mergers and acquisitions, debt and equity financing arrangements, securities law compliance and corporate governance. In between two terms at Wilson Sonsini Goodrich & Rosati, he served as Partner in the Business and Finance Department of Schwartz Cooper Chartered in Chicago, Illinois, and was an Adjunct Professor of Entrepreneurship at the Illinois Institute of Technology. Mr. Kim began practicing law with the New York firms Thacher Proffitt & Wood and Morgan Lewis & Bockius, advising clients on all aspects of corporate and securities law. Mr. Kim holds a J.D. from Cornell Law School, and received a B.A. degree in history from Yale University.
| Organization | Position | Status |
|---|---|---|
| David Soares | Vice President of Legal and Corporate Development and Company Secretary | Current |
| NETGEAR, Inc. | Secretary & Vice President, Legal, Corp Dev | Current |
| Schwartz, Cooper | Current | |
| Illinois Institute of Technology | Adjunct Prof | Former |
| Wilson Sonsini Goodrich & Rosati | Special Counsel | Former |
| Schwartz | Former | |
| Cornell University Law School | J.D. | Former |
| Yale University | B.A. Degree In History | Former |
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | Vice President, Product Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | Manager, Accounting | Current |
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | Manager, Australia | Current |
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | Manager, Accounting | Current |
A. Timothy Godwin has served as one of our directors since August 2003, and is also chairman of the audit committee of our board of directors. From July 1989 to January 1997, Mr. Godwin worked at Tech Data Corporation, an information technology products distributor, in various capacities including serving as a member of its board of directors, vice chairman focusing on worldwide finance and administration, president and chief operating officer, chief financial officer and senior vice president of finance. From 1974 to June 1989, Mr. Godwin was employed by Price Waterhouse (now part of PriceWaterhouseCoopers LLP), most recently as an audit partner from July 1987 to June 1989. Mr. Godwin is a Certified Public Accountant and received a B.S. degree in Accounting from the University of West Florida.
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | Board of Directors | Current |
| PricewaterhouseCoopers | Former | |
| Tech Data Corporation | Former | |
| University of West Florida | B.S. degree in Accounting | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Tejon Ranch Company | Chairman | Current |
| Tejon Ranch Company | Director | Current |
| Converium Holding AG | Director | Current |
| Threshold Pharmaceuticals, Inc. | Board of Directors | Current |
| Continental Airlines, Inc. | Board of Directors | Current |
| Scor Holding (Switzerland) Ltd | Former | |
| Stanford University | Ph.D. | Former |
| Stanford University | M.B.A. | Former |
| Haverford College | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Pequot Capital Management Inc. | Managing Director | Current |
| Pequot Ventures | Managing Director | Current |
| Securify, Inc. | Managing Director and Member of Pequot Ventures' Investment Committee | Current |
| Securify, Inc. | Director | Current |
| NETGEAR, Inc. | Director | Current |
| Copan Systems, Inc. | Director | Current |
| Gct Semiconductor, Inc. | Director | Current |
| Touchdown Technologies | Board of Directors | Current |
| Summit Microelectronics Inc | Board of Directors | Current |
| Hammerhead Systems Inc | Board of Directors | Current |
| Telemaster Ltd | Coo | Former |
| Broadview International LLC | Managing Director | Former |
| Telemaster Ltd | Co-Founder | Former |
| Pequot Capital Management Inc. | General Partner | Former |
| Advanced Micro Devices, Inc. | Product Manager and Development Engineer | Former |
| Acterna Corporation | Manager of New Business Development | Former |
| Dynatech LLC | Manager | Former |
| Siemens Corporation | Hardware and Communications Equipment, | Former |
| Nokia Corporation | Hardware and Communications Equipment, | Former |
| Intel Corporation | Hardware and Communications Equipment, | Former |
| Santa Clara University | M.B.A. | Former |
| University of Santa Clara | M.B.A. | Former |
| University of Cincinnati | B.S. In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| RGB Networks | Chief Executive Officer | Current |
| RGB Networks | Chairman | Current |
| NETGEAR, Inc. | Board of Directors | Current |
| Trident Systems Incorporated | CEO | Former |
| Sheffield Hallam University | B.A. with honors in Business Studies | Former |
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | Board of Directors | Current |
Julie A. Shimer, Ph.D. has served as one of our directors since March 2007. Dr. Shimer is presently the president and CEO of Welch Allyn, a leading manufacturer of frontline medical products and solutions. Prior to Welch Allyn, Dr. Shimer served as president and CEO of Vocera Communications, a provider of wireless communications systems enabling instant voice communication among mobile workers for companies. Dr. Shimer also previously held executive positions at 3Com Corporation, most recently serving as vice president and general manager of its networking products. Before joining 3Com, she held executive positions at Motorola, where she was vice president and general manager for the paging division, and prior to that post, vice president of its semiconductor products section. Dr. Shimer worked for AT&T Bell Laboratories and Bethlehem Steel Company before joining Motorola. Dr. Shimer is a member of the Board of Directors of Welch Allyn and several other private foundations. Dr. Shimer is also a member of the Society of Women Engineers, Institute of Electrical and Electronics Engineers, the Healthcare Information and Management Systems Society and the Forum of Women Entrepreneurs and Executives. Dr. Shimer holds a bachelor's degree in physics from Rensselaer Polytechnic Institute and master's and doctorate degrees in electrical engineering from Lehigh University.
| Organization | Position | Status |
|---|---|---|
| NETGEAR, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Accel Partners | Current | |
| EVault | Chairman | Current |
| Ingram Micro Inc. | Board of Directors | Current |
| NETGEAR, Inc. | Board of Directors | Current |
| Ingram Micro Inc. | Chief Executive Officer | Former |
| Ingram Industries Inc. | Chief Executive Officer | Former |
| Ingram Industries Inc. | President | Former |
| EarthLink, Inc. | member | Former |
| Mindspring.Com | member | Former |
| Ingram Micro Inc. | Co-Chairman | Former |
| Ingram Industries Inc. | Vice-Chairman | Former |
| Ingram Industries Inc. | Director | Former |
| EarthLink, Inc. | Board of Directors | Former |
| University of Virginia | M.B.A | Former |
| Organization | Position | Status |
|---|---|---|
| Andrew Corporation | President & CEO | Current |
| Andrew Corporation | Board of Directors | Current |
| NETGEAR, Inc. | Board of Directors | Current |
| Andrew Corporation | chief operating officer | Former |
| New Ventures Group, Inc. | vice president | Former |
| AT&T Inc. | vice president | Former |
| AT&T Inc. | general manager of AT&T's | Former |
| WatchMark-Comnitel | member | Former |
| Stanford University | M.S. degree in management as a Sloan Fellow | Former |
| Georgia State University | Bachelor of Science (BS) in marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Shamrock Holdings, Inc. | Managing Director | Current |
| University of California, Los Angeles | Deutschman Venture Fellow | Current |
| Triad Broadcasting Co. LLC | Director | Current |
| Teleguam Holdings LLC | Board of Directors | Current |
| NETGEAR, Inc. | Director | Current |
| Lehman Brothers Holdings Inc. | Investment Banker | Former |
| Small Planet Foods Inc. | Director | Former |
| Cascadian Farm, Inc. | Director | Former |
| Stanford University | Director | Former |
| PRN Corporation | Director | Former |
| PortalPlayer, Inc. | Director | Former |
| Fantastic Foods, Inc. | Director | Former |
| Stanford University | B.A. In Quantitative Economics | Former |
| Stanford University | Graduate | Former |
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