A10 Networks acquired ThreatX Protect (business of ThreatX, Inc.) for $19.6 million in cash, a transaction completed in February 2025, structured as all cash. The deal was a Asset purchase.
ThreatX Protect (business of ThreatX, Inc.) operates in Cybersecurity - web application and API protection (WAAP), is based in United States. In February 2025 A10 completed the acquisition of the ThreatX Protect business of ThreatX, Inc. for $19.6 million in cash, acquiring the assets and key personnel and expanding its cybersecurity portfolio with WAAP (web application and API protection). ThreatX Protect is a SaaS solution spanning API protection, bot management and a next-generation web application firewall, using behavioral and risk profiling to protect enterprises from evolving threats including threats to AI applications. A10 accounted for it as a business combination: $7.6 million allocated to identified intangible assets, $2.5 million to deferred revenue assumed, $0.7 million to net assets acquired, and $13.8 million to goodwill. The offering is now sold as A10 Defend ThreatX Protect.
A10 said the acquisition expands its A10 Defend security portfolio and supports its strategy of helping customers protect applications and APIs in a hybrid approach - across public cloud, private cloud, co-location and on-premises environments - including emerging AI use cases.
Sold as A10 Defend ThreatX Protect within the A10 Defend security portfolio.
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. Adding WAAP to our solution set gives customers additional capabilities to help establish a strong security posture.Dhrupad Trivedi, President and CEO, A10 Networks
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.Gene Fay, CEO, ThreatX
Advisory firms were not disclosed for this transaction.