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WatchGuard ANZ posts improved Q4 revenue

WatchGuard ANZ posts improved Q4 revenue

A revenue increase of 36 percent during Q4 in 2009 lifted WatchGuard ANZ’s profitability.

Much of the growth was experienced in the mid-market enterprise segment and driven by the take up of the company’s higher end appliances, including the XTM 1050 and the XTM 8 Series.

ANZ regional director Scott Robertson says the past 12 months have proved to be challenging for most businesses with layoffs and budget cuts becoming commonplace, particularly in IT.

“This drove many to reconsider their security purchasing models and preferred vendors, and as a result presented WatchGuard with many new opportunities to increase our revenue by 36 percent in the second half of 2009 compared to the first half of the year.”

Other territories including the US, UK, France, Italy, Austria, China, Korea and Singapore/Malaysia reported record Q4 2009 revenues.

Robertson adds that WatchGuard is poised to build upon its financial, business and technology developments and turn 2010 into another record year.

“With the acquisition of BorderWare complete, WatchGuard moves to the next level of providing complete and comprehensive business security solutions to best protect business networks, applications and data."


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