NetGear Buying Infrant, RAID & NAS Vendor: UPDATED

NetGear Buying Infrant, RAID & NAS Vendor: UPDATEDNetGear have announced the execution of a definitive agreement to acquire the privately-held Infrant Technologies, Inc, maker of RAID and NAS technology.

Netgear will be putting $60m cash on the table, with a chance for the Infrant shareholders to gain an additional $20m in cash for over the next three years if, in the oft-used phrase, “specific revenue targets are reached”.
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