Netgear has finally seen a small lift in their share value after their disastrous PR event in Australia that saw their share slump more than 15% after the Companies CEO Patrick Lo, criticised Apple and their sick CEO Steve Jobs.

On Friday the Networking Company, said that they are looking to cut deals with telecommunication Companies after agreeing to buy the customer networking solutions division of Westell Technologies Inc. for $33.5 million.

The business sells high-speed internet networking products to phone Companies like Telstra, Optus and Vodafone.

Netgear shares climbed to $31.19 in Saturday morning trading after the acquisition announcement.

When Lo, held his disastrous PR event in Australia which was organised by International PR Company Weber Shandwick, Netgear shares were trading at $38.49.

The acquisition delivers to Netgear a product that allows voice, data, video and other services to stream over existing copper and fibre optic telephone lines.

Netgear anticipates integration of the business to take about three months following the closing.