Low-end and home networking supplier Netgear Technologies is to buy storage specialist Infrant Technologies.
Netgear will pay $60m in cash up-front for Infrant, and up to another $20m to Infrant shareholders over the three years following the purchase.
Founded in 2001, Infrant already has global distribution channels. It makes a range of NAS devices for home and small or departmental office use, including a 3TB box designed specifically for home video storage.
Netgear’s portfolio of networking devices is targeted at the same customers, and with a matching nod to the home market in the form of a wireless networking devices pitched specifically for video applications.
This is not Netgear’s first foray into storage. Since 2005 the networking supplier has been selling block-level or SAN-style Ethernet-connected storage devices that are powered by software licensed from Zetera.