Well IPO’s seem to be the rage here over the last week, first Sonos and now Arlo. Netgear announced earlier this year that Arlo would be distancing itself from the parent company and working on its own with the goal of becoming a profitable company on its own. Well that plan seems to be taking a big step in the right direction as Arlo as filled for an IPO with the SEC.
Now it is possible that the SEC could not approve this filling but I do not see any reason why it would. If things proceed normally Arlo will be set to sell shares under the ARLO ticker hopefully by the end of the year. So far no price per share or number of shares available have been released.
What are your thoughts on Arlo going public? let me know in the comments below.
I am passionate about the IoT and connected devices. Using connectivity to automate our lives will empower civilization to achieve greatness.