WatchGuard Continues Record Growth
WatchGuard Technologies has announced that it broke all Q3 corporate billings records. In particular, the company experienced 15.6 percent year over year (YoY) Q3 billings growth, and expects that Q4 will be another record quarter due to increased global demand for its unified threat management (UTM) security appliances.
"In today's economy where every dollar counts, UTM solutions are consistently being recognized and deployed as the optimal way to secure networks and protect sensitive data. WatchGuard's continued record growth is attributed to customers who demand the ultimate value for their network security," said Joe Wang, CEO, WatchGuard Technologies.
For Q3 2011, WatchGuard broke all third quarter revenue records due to numerous countries around the world achieving significant, top-line billings growth. Growth for WatchGuard security solutions was broad-based across all regions due to increase business demand. In particular, EMEA (Europe/Middle East/Africa) was very strong, with a regional YoY growth of over 30 percent.
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