The company behind MiFi escaped a debt squeeze by selling telematics for $52.7 million and narrowing its bet to 5G hardware plus cloud software. The turnaround offers a practical lesson in focus - and a warning about betting too heavily on a few giant carriers.
NETGEAR has spent 30 years making the box that blinks in your closet. Now it is trying to turn that hardware into recurring revenue - and in 2025, for the first time in five years, the bet moved the numbers.