A10 Networks Inc (NYSE:ATEN) recently outlined its strategy, solutions, and roadmap to help mobile carriers future-proof their networks for the coming wave of 5G and the demanding new applications it will enable, including enhanced Mobile Broadband (eMBB), Ultra-Reliable Low-Latency Communications (URLLC), and Massive Machine Type Communications (MMTC).
According to the release, “A10, a leading solutions provider to mobile carriers, has proven production and pilot 5G deployments with tier-1 carriers worldwide, and is working with many others to plan for their future 5G initiatives. A10 addresses critical 5G requirements for improved security, reliability and performance, through consolidated solutions, which result in lower latency, high reliability and lower TCO—all of which are paramount for 5G networks and deliver major benefits in today’s networks as well.”
A10 Networks Inc (NYSE:ATEN) bills itself as a company that provides software and hardware solutions in the United States, Japan, other Asia Pacific and EMEA countries, and internationally.
The company offers Thunder application delivery controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and micro services; and Thunder carrier grade network address translation product, which offers network address and protocol translation services for service provider networks.
It also provides Thunder threat protection system for the protection of networks and server resources against massive distributed denial of service attacks; Thunder secure sockets layer (SSL) insight solution that decrypts SSL-encrypted traffic and forwards it to a third-party security device, such as a firewall for deep packet inspection; and Thunder convergent firewall, which consolidates various critical security capabilities in one package by consolidating various security and networking functions in a single appliance.
In addition, the company offers intelligent management and automation tools comprising harmony controller that provides intelligent management, automation, and analytics for secure application delivery in multi-cloud environment; and aGalaxy, a multi-device network management solution.
The company delivers its solutions on optimized hardware appliances, bare metal software, virtual appliances, and cloud-native software. It serves cloud providers, Web-scale businesses, service providers, government organizations, and enterprises in the telecommunications, technology, industrial, government, retail, financial, gaming, and education industries.
The company markets its products through sales organizations, as well as distribution channel partners, including distributors, value-added resellers, and system integrators. A10 Networks, Inc. was incorporated in 2004 and is headquartered in San Jose, California.
“It Must Be So Boring”
As noted above, ATEN recently outlined its strategy, solutions, and roadmap to help mobile carriers future-proof their networks for the coming wave of 5G and the demanding new applications it will enable, including enhanced Mobile Broadband (eMBB), Ultra-Reliable Low-Latency Communications (URLLC), and Massive Machine Type Communications (MMTC).
Even in light of this news, ATEN hasn’t really done much of anything over the past week, with shares logging no net movement over that period.
“A10 is laser focused on 5G networks. We understand the challenges network operators are facing and have invested heavily in solving these challenges,” said Lee Chen, Founder and CEO of A10 Networks. “We have partnered with key technology providers and developed a comprehensive roadmap to address 5G challenges. Our early bets on 5G solutions are paying off as we have won multiple pilot projects and are best positioned to address market needs.”
A10 Networks Inc (NYSE:ATEN) generated sales of $60.5M, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of -0.3% on the top line. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($123.6M against $90.9M).