A10 Networks Announces Acquisition Of ThreatX Protect; Specific Terms Of The Transaction Were Not Disclosed. The Acquisition Does Not Represent A Material Change To The Company's 2025 Financial Outlook Or Long-Term Business Model

Author: Benzinga Newsdesk | February 12, 2025 04:41pm

ThreatX Protect Addresses Critical Need to Protect Against Evolving Application and API Security Threats

To continue to help customers address the rapidly evolving cyber threat landscape, A10 Networks (NYSE:ATEN) has acquired the assets and key personnel of ThreatX Protect, expanding its cybersecurity portfolio with web application and API protection (WAAP). The acquisition is expected to be modestly accretive to A10's earnings per share in 2025 and has closed.

Attacks against web applications and application programming interfaces (APIs) are on the rise and are a significant threat to enterprises. ThreatX Protect provides a unique WAAP solution using behavioral and risk profiling to help protect enterprises from evolving threats, including threats to AI applications, which can complement an AI firewall. Delivered as a software-as-a service solution, ThreatX Protect includes API protection, bot management and next-generation web application firewall.

Posted In: ATEN