A person familiar with the negotiations tells The Associated Press that Rutgers has reached a deal with High Point Solutions for naming rights to the stadium.
The person spoke on condition of anonymity because the university's athletic department has scheduled a news conference for Tuesday to announce the partnership.
High Point is based in Sparta, N.J., and supplies companies with information technology hardware and support.
The stadium announcement comes nearly a year after the university hired Brooklyn Sports & Entertainment and IMG College to act as agents in making a deal for naming rights.
Rutgers Stadium received a makeover and expansion in time for the 2009 season. It now seats more than 54,000.