Arlo Technologies

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Arlo Technologies, Inc.
Public
Traded asNYSEARLO
Russell 2000 Index component
IndustryHome automation
Founded2014 (as a division of Netgear)
2018 (as an independent company)
2019
Headquarters,
Key people
[1]
ProductsSecurity cameras
OwnerNetgear (~84.2%)[2][3]
Number of employees
319[4] (2018)
Websitearlo.com

Arlo Technologies is a home automation company, which makes wireless security cameras. Arlo was considered a brand by Netgear, prior to its initial public offering on the New York Stock Exchange in August 2018.[5]

As of February 2019, Arlo Pro[6] has shipped 11.7 million devices with 2.85 million registered users which generates on average in excess of 88 million daily video streams.[7]

History[edit]

On February 6 2018, Netgear made the announcement that the Board of Directors unanimously approved the separation of its Arlo business from Netgear. During the second quarter of 2018, Netgear's Arlo unit became a holding of Arlo Technologies, Inc. Arlo issued less than 20% of its common stock in the IPO, allowing Netgear to hold majority control.[8]

Matthew McRae currently serves as Arlo's CEO. Matthew joined Netgear in October 2017 taking the position as SVP of Strategy.[9]

Products[edit]

The original Arlo Security Camera,[10] was released in the fourth quarter of 2014 on Amazon and at Best Buy.[4] The Arlo Security Camera is a battery-operated Wi-Fi security camera with 720p HD video quality, IP65-rated weather resistance and night vision.[11] The camera also has a passive infrared motion sensor, which, when activated, records a video of the motion event and notifies the user on their mobile device. As of the second quarter in 2015, Arlo had shipped over 100,000 Security Camera devices.[4] Arlo also makes variations of the device, including a portable and a baby monitoring version.[12] The newest addition, Arlo Ultra,[13] is also a battery operated Wi-Fi security camera with 4k HDR (High Dynamic Range) video, enhanced night vision, 180° panoramic view, integrated spotlight, and a noise cancellation feature.[14] This camera also has an auto-zoom and tracking feature which adjusts to movement, focusing its frame on whatever is moving. The data from the image sensors are analyzed frame-to-frame and if no movement is detected then nothing is transmitted to the base station. Arlo cameras are designed to use low power during normal "scan" mode.[15]

Current products ranging from wire free cameras, mobile cameras, AC-powered cameras, baby monitors, lights and door-bells.[16].

Manufacturing[edit]

Arlo manufacturing is outsourced to Foxconn, Sky Light Industrial, and Delta Networks.[4]

References[edit]

  1. ^ "NYSE:ARLO / Arlo Technologies, Inc. - Insider Trading". fintel.io. Retrieved 2019-03-04.
  2. ^ "NETGEAR and Arlo Announce Closing of Initial Public Offering". investor.arlo.com. Retrieved 2018-08-30.
  3. ^ Bary, Emily. "Arlo stock falls after post-IPO earnings, Amazon and Google competition questioned". MarketWatch. Retrieved 2018-08-30.
  4. ^ a b c d "Arlo Technologies Form S-1/A". www.sec.gov. Retrieved 2018-07-29.
  5. ^ Schubarth, Cromwell (30 July 2018). "The Funded: Arlo Technologies is next Bay Area IPO, coming Friday". Silicon Valley Business Journal. American City Business Journals. Retrieved 3 August 2018.
  6. ^ "Arlo Pro Camera - +1-877-918-8997 - Get Help".
  7. ^ "Arlo - Investor Relations". investor.arlo.com. Retrieved 2018-08-30.
  8. ^ Wollerton, Megan (3 August 2018). "Netgear spins its Arlo smart home security brand off as a public company". CNET. CBS Interactive. Retrieved 3 August 2018.
  9. ^ "NETGEAR® Announces Planned Separation of its Arlo Business". Netgear Investor Portal. Retrieved 11 February 2018.
  10. ^ "Arlo Pro Security Camera - +1-877-918-8997 - Get Help".
  11. ^ McGrath, Jenny (6 March 2015). "Arlo Smart Home Security Camera System review". Digital Trends. Retrieved 31 August 2018.
  12. ^ Ochs, Susie (6 January 2018). "Netgear Arlo Baby Review: The Baby Monitor to Beat". Tom's Guide. Retrieved 3 August 2018.
  13. ^ "Arlo: Wireless & AC-Powered Security Cameras". www.arlo.com.
  14. ^ "Arlo Ultra 4K Wire-Free HDR Security Cameras". www.arlo.com. Retrieved 2019-02-13.
  15. ^ Corcoran, P. (January 2016). "Just Another Year in the Consumer Electronics Industry". IEEE Consumer Electronics Magazine. 5: 3–10. doi:10.1109/MCE.2015.2485318.
  16. ^ "Security Cameras and Systems | Wireless & Wire-Free". ARLO. Retrieved 2019-02-13.