A10 Networks: Our IPO is Just the Start
I am in New York City on the floor of the NYSE, having just rung the opening bell and bought the first share of ATEN on the public market. Wow! The atmosphere of the stock exchange floor is electrifying and exciting.
This is an incredibly proud and exciting day for our company and I want to sincerely thank every A10 employee and all our valued customers and partners throughout the years for helping us get here.
While this momentous day is in many ways the culmination of years of hard work, sacrifice and dedication, it is also just the beginning as we continue to grow A10 into a lasting company well into the future.
A10 is playing at the center of four mega trends in the technology world -- rapid growth in mobility, big data, cloud-based computing and security. These trends continue to create massive demands on our service provider and large enterprise data center customers around the world, so A10 is entirely focused on continuing to innovate and deliver solutions that our customers accelerate and secure their data center applications.
Capitalizing on these trends has helped A10 to grow rapidly. We grew 25% in the second half of last year compared with the prior year, with a compound annual growth rate from 2010 to 2013 of 37%. The market we serve is very large and growing – a $12B market, so there is a lot of opportunity for us going forward.
An IPO is just one day amongst many, and we know that our work, in some ways, has just begun. With this as an excellent start, we look forward to the next chapter in the A10 story.
Lee Chen, A10 Founder and CEO