01 August 2016 Current Affairs: US-based A10 Networks, an application networking and security company, announced the acquisition of Appcito a provider of Software-As A-Service (SaaS)-based, multi-cloud Application Delivery Controllers (ADC) solutions.
The acquisition positions A10 Networks as a comprehensive secure application services leader and will help customers become more secure as they bridge traditional and cloud application environments.
New A10 "Harmony-based cloud" solution integrating Appcito technology will be available later this year
The new solutions will include a cloud services controller for centralised application policy management and orchestration, elastic application traffic management capabilities and support for micro services and container-based applications.
2015, Gartner named Appcito as one of the "Cool Vendors in Enterprise Networking."
A10 Networks : A10 Networks is a U.S. public company specializing in the manufacturing of application delivery controllers (software and hardware). Founded in 2004 by Lee Chen,co-founder of Foundry Networks, A10 originally serviced just the identity management market with its line of ID Series products.In early 2007 they added bandwidth management appliances (EX Series). The company had its initial public offering on March 21, 2014, raising $187.5 million.
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