WatchGuard has revealed that the third quarter was a healthyone on terms of both profits and revenues underlining the continued stabilityin the security sector.
The privately-owned vendor is not required to provide thedetails that public companies would so the numbers are lacking but speaking toMicroScope the WatchGuard CEO Joe Wang said that it had grown but had been hitby the recession.
“We are seeing growth but it is not as fast as we hoped butwe are continuing to grow,” he said.
He said that the emerging economies including China and Brazilseemed to have exited recession and the USwas also coming out of it with the UK not too far behind.
“There are clear signs that the economy is improving in Europe,” he added.
Meanwhile, WatchGuard has signed a deal with anti-virusspecialist AVG to include the vendor’s product on part of its XTM appliance.
Wang said that it had gone through testing with a largerange of products on the market before settling on AVG.