Inseego Names Koroush Saraf Chief Product Officer to Drive Innovation and Next Phase of Product Strategy

Inseego (Nasdaq: INSG) named Koroush Saraf as Chief Product Officer, effective May 7, 2026.

Rhea-AI Summary

Inseego (Nasdaq: INSG) named Koroush Saraf as Chief Product Officer, effective May 7, 2026. Saraf will lead product strategy and execution across Inseego’s portfolio as the company scales, including integration of the recently announced acquisition of Nokia’s Fixed Wireless Access business.

Saraf brings 20+ years of networking and cybersecurity product leadership across SD-WAN, SASE, cloud security, LTE, 5G, and edge AI; prior roles include ZPE Systems, Palo Alto Networks, and Fortinet. He holds advanced engineering degrees from Stanford and USC.

Positive

• Appoints experienced CPO: Koroush Saraf (20+ years)
• Product leadership aligned with Nokia FWA acquisition integration
• Deep domain expertise across SD-WAN, SASE, LTE/5G, and edge AI

Negative

• None.

Argus May 7 session

-1.16% close to close Open Argus

Details

News Market Reaction – INSG

In the May 7 session, INSG declined 1.16%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds an experienced Chief Product Officer as Inseego scales its wireless edge stra...

Analysis

This announcement adds an experienced Chief Product Officer as Inseego scales its wireless edge strategy and integrates the Nokia Fixed Wireless Access business. Recent history features major product and M&A steps that previously coincided with positive price reactions up to 23.26%. Investors may track how the new leader shapes SD‑WAN, SASE, and edge AI offerings, while also monitoring the impact of the effective S-3 resale registration for up to 6,204,703 shares.

Key Figures

Industry experience: More than 20 years Price change: 5.37% Registered resale shares: 6,204,703 shares +5 more

Industry experience

More than 20 years

Networking and cybersecurity leadership for new CPO

Price change

5.37%

Pre-news 24h move on INSG shares

Registered resale shares

6,204,703 shares

Form S-3 shelf registration on 2026-03-30

Potential warrant proceeds

$37.0 million

Gross proceeds if registered warrants fully exercised

Converted Shares portion

767,165 shares

Converted Shares issued January 2026 in S-3

Newly registered stake

4.7%

Converted Shares as % of outstanding as of Mar 23, 2026

BlackRock ownership

784,657 shares (4.8%)

Schedule 13G/A filed 2026-04-27

52-week range

$6.27–$21.90

Pre-news 52-week low and high

Historical Context

5 past events · Latest: Apr 30

5 events

1. Apr 30

   Acquisition call

   24h Move

   +23.3%

   Conference call to discuss Nokia FWA acquisition and strategic partnership.

2. Apr 30

   Major acquisition

   24h Move

   +23.3%

   Agreement to acquire Nokia's Fixed Wireless Access CPE business.

3. Apr 16

   Earnings timing

   24h Move

   +3.5%

   Announcement of date and time for Q1 2026 financial results.

4. Apr 01

   Leadership hire

   24h Move

   +5.0%

   Appointment of Silvia Rocha-Espino as Head of People to support scaling.

5. Mar 02

   Product launch

   24h Move

   +0.4%

   Launch of MiFi PRO M4 enterprise mobile router with 5G and Wi‑Fi 7.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

fixed wireless access, sd-wan, sase, cloud security, +2 more

6 terms

fixed wireless access technical

"including through the recently announced acquisition of Nokia’s Fixed Wireless Access business."

Fixed wireless access is a way to deliver high-speed internet to homes and businesses using radio signals from nearby towers or rooftop equipment instead of running fiber or copper cables to each location. Think of it as getting broadband over a strong local Wi‑Fi signal broadcast from a neighborhood antenna. Investors watch it because it can speed customer growth and lower installation costs, but returns depend on coverage, equipment costs and access to usable radio frequencies.

sd-wan technical

"Saraf brings deep expertise across SD-WAN, SASE, cloud security, LTE, 5G, and edge AI"

SD‑WAN is a technology that uses software to control and direct wide-area network traffic between offices, data centers and cloud services instead of relying solely on traditional hardware routers. Think of it as a smart traffic manager that chooses the fastest, cheapest or safest route for each data flow, improving performance, cutting telecom costs and simplifying upgrades. Investors care because it can lower operating expenses, enable faster cloud adoption and create steady demand for networking and security services.

sase technical

"Saraf brings deep expertise across SD-WAN, SASE, cloud security, LTE, 5G, and edge AI"

SASE, or Secure Access Service Edge, is a modern technology that combines network security and access management into a single, cloud-based service. It ensures that users can safely connect to company resources from anywhere, much like having a secure, virtual gatekeeper that protects digital information. For investors, SASE matters because it reflects how organizations are adopting advanced security measures to support flexible, remote work environments and protect valuable data.

cloud security technical

"Saraf brings deep expertise across SD-WAN, SASE, cloud security, LTE, 5G, and edge AI"

Cloud security is the set of practices, tools and policies that protect data, applications and infrastructure hosted on remote servers accessed over the internet. It matters to investors because weak cloud security can lead to data breaches, costly downtime, regulatory fines and lost customer trust—risks that can hit revenue and share value the way a broken lock can expose everything inside a storefront.

5g technical

"Saraf brings deep expertise across SD-WAN, SASE, cloud security, LTE, 5G, and edge AI"

5G is the fifth generation of wireless technology that provides faster internet connections, lower latency, and greater capacity than previous networks. It enables quicker downloads, smoother streaming, and more reliable connections for devices. For investors, 5G represents a significant upgrade in technology infrastructure that can drive growth in related industries such as smartphones, smart cities, and the Internet of Things.

edge ai technical

"Saraf brings deep expertise across SD-WAN, SASE, cloud security, LTE, 5G, and edge AI infrastructure"

Edge AI refers to artificial intelligence systems that process data directly on local devices or nearby servers rather than sending information to distant data centers. This allows for faster decision-making and real-time responses, similar to how a home security camera can instantly detect motion without needing to connect to a remote server. For investors, edge AI represents a growing trend toward more efficient, responsive technology that can create new opportunities across various industries.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Saraf brings more than 20 years of networking and cybersecurity leadership experience to advance product strategy across Inseego’s expanding portfolio

SAN DIEGO, May 07, 2026 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG), a leader in cloud-first wireless edge solutions, today announced that Koroush Saraf has joined the company as Chief Product Officer. In this role, he will lead product strategy and execution across Inseego’s portfolio as the company expands its scale and capabilities, including through the recently announced acquisition of Nokia’s Fixed Wireless Access business.

Saraf brings deep expertise across SD-WAN, SASE, cloud security, LTE, 5G, and edge AI infrastructure, with a track record of bringing enterprise networking and security products to market across both hardware and software platforms. His experience is particularly relevant as Inseego focuses on delivering more integrated and scalable solutions for enterprise and service provider customers.

Prior to joining Inseego, Saraf held product leadership roles at ZPE Systems (Legrand), Palo Alto Networks, and Fortinet, where he helped bring to market solutions across SD-WAN, SD-Branch, cloud security, SASE, and LTE and 5G connectivity.

“Koroush joins Inseego at a pivotal moment as we expand our scale and product portfolio,” said Juho Sarvikas, CEO of Inseego. “His experience across networking, security, and cloud platforms will be critical as we integrate new assets, simplify our portfolio, and deliver a more unified and differentiated offering to our customers.”

“Inseego is uniquely positioned at the intersection of connectivity, cloud, and security,” said Koroush Saraf, Chief Product Officer of Inseego. “As AI and critical infrastructure move to the edge, resilient last-mile connectivity and continuous uptime become mission-critical. The market needs cost-effective, end-to-end solutions that deliver high-performance connectivity with secure remote access. I look forward to expanding our solutions by building on our best-in-class wireless edge solutions to deliver greater value to our customers.”

Saraf holds advanced engineering degrees from Stanford University and the University of Southern California.

About Inseego

Inseego is a leader in cloud-first wireless edge solutions, delivering secure, resilient connectivity across people, places, and machines. As wireless becomes foundational infrastructure, Inseego unifies connectivity, management, security, and subscriber lifecycle management into a platform that orchestrates cellular, satellite, Wi-Fi, and emerging wireless technologies at the edge.

Its portfolio includes 5G fixed wireless access routers, MiFi mobile routers, IoT solutions under the Skyus brand, and cloud platforms including Inseego Connect and Inseego Subscribe, all designed in the U.S. Built on its core strength and long-term leadership in cellular technology, Inseego solutions enable service providers and channel partners to deploy and manage enterprise-grade wireless solutions at scale. Learn more at www.inseego.com.

Media Relations Contact:

pr@inseego.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b2c94148-576d-4707-bcfd-cfc3c97cc078

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Koroush Saraf and what role did Inseego (INSG) announce on May 7, 2026?

Koroush Saraf was appointed Chief Product Officer at Inseego on May 7, 2026. According to Inseego, he will lead product strategy and execution across the company’s portfolio while supporting scale and integration of recently acquired assets.

What experience does Koroush Saraf bring to Inseego (INSG)?

Saraf brings more than 20 years of networking and cybersecurity product leadership. According to Inseego, his background spans SD-WAN, SASE, cloud security, LTE, 5G, and edge AI across hardware and software platforms.

How does Saraf’s hiring relate to Inseego’s acquisition of Nokia’s Fixed Wireless Access business?

The hire is intended to support integration and scale of Inseego’s expanding portfolio including Nokia FWA. According to Inseego, Saraf will help integrate new assets, simplify the portfolio, and deliver unified solutions to customers.

What will Saraf focus on as Chief Product Officer at Inseego (INSG)?

Saraf will lead product strategy, execution, and delivery of integrated solutions for enterprise and service providers. According to Inseego, emphasis will be on scalable wireless edge, secure connectivity, and solutions for AI at the edge.

What is Koroush Saraf’s prior work history and education mentioned by Inseego?

Saraf previously held product leadership roles at ZPE Systems, Palo Alto Networks, and Fortinet. According to Inseego, he holds advanced engineering degrees from Stanford University and the University of Southern California.