STOCK TITAN

NETGEAR Introduces Industry’s Highest Performance Dual-Band WiFi 6 Access Point, Optimized for Small and Medium Businesses

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

NETGEAR (NASDAQ: NTGR) has launched the Insight™ Managed WiFi 6 AX3600 Dual-band Multi-gig Access Point (WAX620), targeting small and medium businesses. This access point offers a performance upgrade with WiFi 6 technology, delivering up to 40% higher communication speeds than WiFi 5. It features robust security including WPA3 encryption and supports multi-gig Power-over-Ethernet. Available now in North America and EMEA, the WAX620's MSRP starts at $229.99. Doug Cheung, senior product line manager, emphasizes its value for SMBs needing enhanced WiFi connectivity.

Positive
  • Launch of WAX620 access point enhances NETGEAR's product lineup.
  • Improved WiFi 6 technology offers up to 40% faster speeds compared to WiFi 5.
  • Strong security features including WPA3 encryption and VLAN support.
  • Remote management capabilities via NETGEAR Insight App enhance service efficiency.
  • Broad compatibility with previous WiFi versions increases market appeal.
Negative
  • Market competition from other WiFi 6 providers could impact sales.
  • Pricing may be a barrier for budget-constrained small businesses.

NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of networking products that power businesses both large and small, today announced the availability of the latest Insight™ Managed WiFi 6 AX3600 Dual-band Multi-gig Access Point (WAX620), designed to provide the optimal WiFi experience for small and medium businesses.

This new dual-band access point, WAX620, brings next-generation premium WiFi 6 (802.11ax) performance to small and medium businesses (SMBs), delivering up to <percent>40%</percent> higher communication speeds to each connected device as compared to WiFi 5 (802.11ac). (Photo: Business Wire)

This new dual-band access point, WAX620, brings next-generation premium WiFi 6 (802.11ax) performance to small and medium businesses (SMBs), delivering up to 40% higher communication speeds to each connected device as compared to WiFi 5 (802.11ac). (Photo: Business Wire)

This new dual-band access point brings next-generation premium WiFi 6 (802.11ax) performance to small and medium businesses (SMBs), delivering up to 40% higher communication speeds to each connected device as compared to WiFi 5 (802.11ac). WAX620 interoperates with other NETGEAR Insight Managed Access Points, including existing WiFi 5 (WAC 510, WAC 540) and WiFi 6 (WAX 610, WAX610Y) models. Additionally, WAX 620 allows access points to be connected to each other using Instant Mesh1 - a NETGEAR wireless backhaul technology. The new WAX 620 access point can be connected via gigabit or 2.5 Gbit (multi-gig) Power-over-Ethernet (PoE) switch ports.

WAX 620 is ideally suited for environments with open spaces where there is a need to provide WiFi connectivity for a large number of concurrent users. Schools, community colleges, mid-sized manufacturing facilities and warehouses, etc., will all find value in the capabilities of this new Insight Managed WiFi 6 Dual-band Multi-gig Access Point. This powerful access point is backward compatible with all prior generations of WiFi while offering the maximum speed when connected to the WiFi 6 enabled client devices such as the latest smart phones, tablets, and laptops.

NETGEAR Insight enables management of WAX620 and other devices from the Insight App or a connected browser. With Insight, resellers and Managed Service Providers (MSPs) can remotely set up, monitor and maintain a customer’s network without requiring a technician to go on-site.

Due to the ever-growing number of WiFi-connected devices, SMB’s need more from their WiFi network. The performance, scalability and security features offered by the WAX620, along with the ability to manage it remotely using NETGEAR Insight, make it a compelling WiFi access point investment,” said Doug Cheung, senior product line manager of SMB Wireless at NETGEAR.

The WAX620 provides robust enterprise-grade WiFi network security with WPA3 128-bit to 192-bit encryption and the capability to set up VLANs and up to eight different SSIDs. WAX620 also provides 8-streams (4x4) with each unit capable of delivering up to 3.6 Gbps of aggregate data throughput with both 2.4GHz and 5GHz bands supporting WiFi 6. With the dual-band WiFi 6 technology of the WAX620, businesses can now be confident that they are making an investment in a high-performance WiFi system.

Availability

The NETGEAR® Insight™ Managed WiFi 6 AX3600 Dual-band Multi-gig Access Point is available and shipping today in North America and EMEA.

North America

–– WAX620-100NAS – MSRP; $229.99.

 

–– WAX620PA (with Power Adapter) – MSRP: $239.99

 

 

Continental Europe

–– WAX620-100EUS – MSRP : €229.99

United Kingdom

–– WAX620-100EUS – MSRP: £219.99

About NETGEAR, Inc.

Since 1996, NETGEAR® (NASDAQ: NTGR) has been the innovative leader in connecting the world to the internet with advanced networking technologies for homes, businesses, and service providers around the world. As staying connected has become more important than ever, NETGEAR delivers award-winning network solutions for remote work, distance learning, UHD streaming, online game play and more. By enabling people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to providing a range of connected solutions from easy-to-use high-performance Orbi Mesh WiFi systems, the Nighthawk portfolio of WiFi routers, cable modems and mobile wireless, cloud-based subscription services for enhanced control and security, to smart networking products and video over Ethernet for Pro AV applications.

The company is headquartered out of San Jose, Calif. with offices located around the globe. More information is available from the NETGEAR Investor Page or by calling (408) 907-8000. Connect with NETGEAR: Twitter, Facebook, Instagram, LinkedIn and the NETGEAR blog at NETGEAR.com.

©2021 NETGEAR, Inc. NETGEAR and the NETGEAR logo are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.: This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning NETGEAR's business and the expected performance characteristics, specifications, reliability, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the actual price, performance and ease-of-use of NETGEAR's products may not meet the price, performance and ease-of-use requirements of customers; product performance may be adversely affected by real world operating conditions; failure of products may under certain circumstances cause permanent loss of end user data; new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology; the impact and pricing of competing products; and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Source: NETGEAR-G

 


1 Instant Mesh is supported on WAC540, WAC610, WAC610Y

FAQ

What is the new product launched by NETGEAR on April 27, 2021?

The new product is the Insight™ Managed WiFi 6 AX3600 Dual-band Multi-gig Access Point (WAX620).

What are the key features of the WAX620 access point?

The WAX620 offers WiFi 6 technology for higher speeds, robust security with WPA3, VLAN support, and remote management through the Insight App.

What is the starting price for the WAX620 access point?

The starting price for the WAX620 is $229.99.

Who is the target market for the WAX620 access point?

The target market for the WAX620 includes small and medium businesses (SMBs).

What performance improvement does WAX620 offer over previous models?

WAX620 delivers up to 40% higher communication speeds compared to WiFi 5 models.

NETGEAR, Inc.

NASDAQ:NTGR

NTGR Rankings

NTGR Latest News

NTGR Stock Data

796.58M
26.22M
6.77%
85.28%
3.1%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States of America
SAN JOSE