Friday, March 21, 2014

A10 Networks Begins Trading on NYSE under "ATEN"

Shares in A10 Networks, which specializes in application acceleration and network security solutions, began trading for the first time on Friday on the NYSE under the ticker symbol "ATEN."

On Thursday, A10 announced the pricing of 12,500,000 shares at $15 per share  ($187.5 million)

A10's solutions are built around its Advanced Core Operating System (ACOS), which serves as the high-performance, application-aware networking platform for all of its Application Services Gateway (ASG) products. In 2013, the company launched its A10 Thunder Series product family, which includes an Application Delivery Controller for data centers, a Carrier-Grade NAT for large-scal address and protocol translations in service provider networks, and a Threat Protection System that provides detection and mitigation against DDoS attacks.

A10 Networks was founded in 2004 and is based in San Jose, California.

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