I can find no official statement from Netgear. However I have seen several rumors.
However, if you go to Netgear.com and search for NAS, READYNAS or server you will get no results for NAS hardware. All references to NAS hardware for home, small business and rack mount server equipment has vanished from the website.
However Amazon still has listings for Netgear NAS hardware from $300 to $12,000.
What kind of company does this to it’s customers?