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SAN JOSE, Calif. - Netgear Inc. (NASDAQ:NTGR), a networking solutions provider with annual revenue of $671 million and a "GOOD" financial health rating according to InvestingPro, introduced its first professional service offering for commercial AV customers on Wednesday, marking the initial step in a planned catalog of business services.
The networking solutions provider appointed Massimo Mazzeo Ocello as Vice President of Global Systems Engineering, Customer Support and Services to lead this initiative. Mazzeo Ocello, who joined Netgear in April 2025 from RUCKUS/Commscope, brings over 20 years of international leadership experience in networking, wireless, and cloud-based solutions. The appointment comes as the company’s stock has shown strong momentum, delivering a 67.6% return over the past year despite recent market volatility.
The new service offering focuses specifically on AV implementations, providing on-site engineering assistance for installations and live events. According to the company, the service aims to ensure reliable installations, accelerate time to value, reduce deployment risk, and position Netgear as a business partner rather than just a vendor.
"The key goal of Netgear’s professional services is to simplify both AV-over-IP and IT rollouts while making the fundamental shift to outcome-driven engagements that go well beyond product delivery," said Mazzeo Ocello in the press release.
Reporting to Netgear for Business President and GM Pramod Badjate, Mazzeo Ocello will help implement the business unit’s strategy to simplify networking solutions for customers.
The company plans to expand its professional services catalog in phases, with future offerings to include advanced design and planning, training and certification programs, and premium support tiers.
Netgear, founded in 1996 and headquartered in the USA, develops networking technologies for businesses, homes, and service providers. The announcement of these new services aligns with the company’s focus on its business segment.
In other recent news, NETGEAR Inc. has reported its Q1 2025 earnings, surpassing analyst expectations with an earnings per share of $0.02, against a projected loss of $0.37. The company’s revenue also exceeded forecasts, reaching $162.1 million compared to the anticipated $152.24 million. In addition to strong earnings, NETGEAR has announced its agreement to acquire cybersecurity firm Exium. This acquisition aims to enhance NETGEAR’s offerings by integrating Exium’s Secure Access Service Edge (SASE) platform, benefiting small and medium enterprises with improved cloud-based networking and security solutions. Furthermore, NETGEAR has appointed Jonathan Oakes as Senior Vice President and General Manager of Home Networking. Oakes brings extensive experience from companies like Google, Fitbit, Amazon, and Hewlett-Packard. These recent developments underscore NETGEAR’s strategic moves to strengthen its market position and expand its product offerings.
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