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Network and data center optimizer A10 Networks files for a $100 million IPO

February 18, 2014

A10 Networks, a leading provider of networking technologies that optimize data center performance, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The San Jose, CA-based company, which was founded in 2004 and booked $142 million in sales for the year ended December 31, 2013, plans to list on the NYSE under the symbol ATEN. A10 Networks initially filed confidentially on November 26, 2013. Morgan Stanley, BofA Merrill Lynch and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.