A10 Networks announces settlement agreement with VIEX Capital Advisors

|About: A10 Networks, Inc. (ATEN)|By:, SA News Editor

A10 Networks (ATEN +1.2%) has reached a settlement agreement with VIEX Capital Advisors, which, together with its affiliates, beneficially owns ~5.3% of A10’s outstanding shares.

Under the terms of the agreement, A10 appointed Tor R. Braham to its board of directors effective March 14, 2018. Additionally, A10’s board of directors will submit for stockholder approval a proposal to declassify the board of directors & appoint new board member.

Press Release

Subscribe for full text news in your inbox