WatchGuard Technologies has said that Q4, 2010 revenue was the top-grossing quarter ever in the company’s history.
A 25% year-on-year revenue increase was also reported across Australia and New Zealand markets.
Joe Wang, CEO, WatchGuard Technologies, explained, “Today’s businesses all have a common need – having affordable and effective security solutions stop a myriad of threats, such as spam, viruses, malware, spyware, as well as protect against rogue applications, hackers and identity thieves. As evidenced by the company’s aggressive growth, WatchGuard continues to innovate and offer businesses with unbeatable network, application and data protection.”
The rise in performance has been attributed to an increase in spending from SMBs as well as improved demand from mid-market and enterprise organisations.
“This indicates broader industry adoption in favour of multifunction security appliances and a shift away from single purpose appliances,” says the company.