ATEN - A10 Networks: A Cheap Under-Followed Networking Software Company With Dynamic New Management - 70% Upside Potential
A10 Networks (ATEN) is an under-the-radar player in the Application Delivery Controller ((ADC)), Distributed Denial of Service (DDoS), and Carrier Grade Networking ((CGN)) markets. The company has top notch products but had lacked a clear go to market strategy under the former CEO.
A new CEO, Dhrupad Trivedi, came in six months ago and is reinvigorating the company’s sales efforts to win market share. Dhrupad is well qualified (overqualified?) for the CEO position at A10 having been an Executive Vice President of Network Solutions at Belden, a $2 billion revenue signal transmission company,