NETGEAR, Inc. entered into an agreement to acquire Exium Inc. for $15 million.

Published: 2025-06-05 09:51:02 ET NTGR

Published on 06/05/2025 at 09:51, updated on 06/05/2025 at 11:38

NETGEAR, Inc. (NasdaqGS:NTGR) entered into an agreement to acquire Exium Inc. for $15 million on June 5, 2025. The total purchase price of less than $15 million, upon closing, is expected to be paid in cash from existing reserves. The transaction is subject to customary closing conditions and is expected to close by the end of the second quarter of 2025.