A10 Networks augments cyber portfolio with ThreatX assets

A10 Networks has expanded its cybersecurity portfolio through the acquisition of ThreatX Protect's assets and personnel, incorporating web application and API protection (WAAP) into its services.

The increased number of attacks on web applications and application programming interfaces (APIs) has become a significant threat to enterprises. ThreatX Protect provides a WAAP solution that uses behavioural and risk profiling, offering protection against evolving cyber threats, including threats to AI applications.

Dhrupad Trivedi, president and CEO of A10 Networks, stated, "Expanding the A10 Defend security portfolio with ThreatX Protect gives our customers an additional tool in their strategy to protect against new and evolving threats. Our strategic focus is on helping enterprises secure their applications and networks from the growing number of threats today, as well as protecting the emerging AI use cases of the future. Adding WAAP to our solution set gives customers additional capabilities to help establish a strong security posture."

The acquisition, which has closed, is anticipated to be modestly accretive to A10's earnings per share by 2025. It aligns with A10's strategic aim to broaden its security offerings, promoting protection for applications and APIs across various environments, whether public cloud, private cloud, co-location facilities, or on-premises.

The transaction does not impact A10's 2025 financial outlook or long-term business model. Specific details of the acquisition have not been publicly disclosed.

Gene Fay, CEO of ThreatX, remarked on the acquisition, "We are thrilled that A10 Networks has acquired certain assets of ThreatX, including the brand and the TX Protect WAAP solution to expand A10's security portfolio. A10 has been a fantastic partner throughout this process, and we are confident that our customers and employees will thrive under their leadership."

Following the acquisition, remaining assets of ThreatX will be rebranded and launched as Run Security, featuring the eBPF-based solution now called RS Prevent.

A10's newly integrated Defend portfolio will now encompass DDoS protection, DDoS threat intelligence, and a comprehensive WAAP solution, furnishing enterprise customers with enhanced security measures for their critical applications.