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(Reuters) – A10 Networks Inc (ATEN.N), a U.S. technology company whose software and hardware help keep networks and data centers secure, is exploring options that include a potential sale of the company, people familiar with the matter said on Friday. The move comes four years after A10 became publicly traded. The company’s shares have dropped more than 60 percent since then amid strong competition from large rivals, such as F5 Networks Inc (FFIV.O) and Citrix Systems Inc (CTXS.O), as well as smaller peers, such as Radware Ltd (RDWR.O) gold diamond cufflinks uk sale.

A10’s sale deliberations are at an early stage, and there is no certainty that a deal will be reached, the sources said, asking not to be identified because the matter is confidential gold diamond cufflinks uk sale. A10 did not respond to a request for comment. A10 shares jumped 10 percent to $6.41 on the news in morning trading on the New York Stock Exchange on Friday, giving the company a market capitalization of close to $500 million. A10’s exploration of a sale comes amid a shift to cloud computing that has caused many businesses to rent computing capacity from Inc’s (AMZN.O) Amazon Web Services or Alphabet Inc’s (GOOGL.O) cloud unit, rather than building out their own data centers. This is putting financial pressure on A10 and its peers, and is fueling consolidation..

F5 Networks explored a sale two years ago after fielding takeover interest, Reuters reported at the time, though a deal never materialized. In March, A10 Networks reached a settlement with Viex Capital Advisors, an activist investor that owned about 5.3 percent of the company at the time gold diamond cufflinks uk sale. As part of this agreement, the company added a new board director and submitted a proposal to de-stagger its board to make it easier for shareholders to overhaul it. In July, the company announced that, following an internal investigation by the board’s audit committee, it had to restate some financial statements, including quarterly revenue reports dating back to 2016..

LONDON (Reuters) – Carmaker Vauxhall, which is owned by Peugeot parent company PSA (PEUP.PA), is to shed an extra 241 jobs from its Ellesmere Port car plant in the latest cuts at the site, deepening union concerns over the future of the factory. The firm said in October last year it would cut roughly 400 out of the then 1,900 people at the location, and then announced a further 250 jobs losses in January as Peugeot restructured the loss-making sites it bought from General Motors in 2017. Vauxhall builds the Astra Sports Tourer family estate model at Ellesmere Port and the brand has seen its sales fall 11 percent so far this year, faster than the overall decline of 7 percent in Europe’s second-biggest autos market gold diamond cufflinks uk sale.

“The restructuring is necessary to make it a competitive plant when compared to the benchmark,” Vauxhall said in a statement gold diamond cufflinks uk sale. The firm said the announcement was not related to Britain’s imminent departure from the European Union. PSA boss Carlos Tavares said earlier this year that the French carmaker will decide in 2020 on whether to make fresh investment to keep the plant in northwest England open. Britain’s biggest trade union Unite said it was seeking urgent assurances over the future of the site..