Arlo Technologies

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Arlo Technologies, Inc.
TypePublic
NYSEARLO
S&P 600 component
Russell 2000 Index component
IndustryHome automation
Founded2014 (as a division of Netgear)
2018 (as an independent company)
2019
Headquarters,
United States
Key people
[1]
ProductsSecurity cameras
Number of employees
319[2] (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.[3]

As of February 2019, Arlo Pro[4] has shipped 11.7 million devices with 2.85 million registered users, which generates on average in excess of 88 million daily video streams.[5]

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.[6]

Matthew McRae currently serves as Arlo's CEO. Matthew joined Netgear in October 2017, taking the position as SVP of Strategy.[7]

Products[edit]

The original Arlo Security Camera[8] was released in the fourth quarter of 2014 on Amazon and at Best Buy.[2] The Arlo Security Camera is a battery-operated Wi-Fi security camera with 720p HD video quality, IP65-rated weather resistance and night vision.[9] 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.[2] Arlo also makes variations of the device, including a portable and a baby monitoring version.[10] The newest addition, Arlo Ultra,[11] 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.[12] 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; if no movement is detected, nothing is transmitted to the base station. Arlo cameras are designed to use low power during normal "scan" mode.[13]

Current products include wire-free cameras, mobile cameras, AC-powered cameras, baby monitors, lights and door-bells.[14]

Manufacturing[edit]

Arlo manufacturing is outsourced to Foxconn and Pegatron.[2]

References[edit]

  1. ^ "NYSE:ARLO / Arlo Technologies, Inc. - Insider Trading". fintel.io. Retrieved 2019-03-04.
  2. ^ a b c d "Arlo Technologies Form S-1/A". www.sec.gov. Retrieved 2018-07-29.
  3. ^ 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.
  4. ^ "Arlo Pro Camera - +1-877-918-8997 - Get Help".
  5. ^ "Arlo - Investor Relations". investor.arlo.com. Retrieved 2018-08-30.
  6. ^ 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.
  7. ^ "NETGEAR® Announces Planned Separation of its Arlo Business". Netgear Investor Portal. Retrieved 11 February 2018.
  8. ^ "Arlo Pro Security Camera - +1-877-918-8997 - Get Help".
  9. ^ McGrath, Jenny (6 March 2015). "Arlo Smart Home Security Camera System review". Digital Trends. Retrieved 31 August 2018.
  10. ^ Ochs, Susie (6 January 2018). "Netgear Arlo Baby Review: The Baby Monitor to Beat". Tom's Guide. Retrieved 3 August 2018.
  11. ^ "Arlo: Wireless & AC-Powered Security Cameras". www.arlo.com.
  12. ^ "Arlo Ultra 4K Wire-Free HDR Security Cameras". www.arlo.com. Retrieved 2019-02-13.
  13. ^ 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. hdl:10379/5990.
  14. ^ "Security Cameras and Systems | Wireless & Wire-Free". ARLO. Retrieved 2019-02-13.