WatchGuard Delivers Industry’s First Pay-as-You-Go Option for Network Security Hardware and Services

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SEATTLE, Jan. 14, 2020 (GLOBE NEWSWIRE) -- , a global leader in network security and intelligence, secure Wi-Fi and multi-factor authentication, today announced the expansion of the WatchGuard FlexPay program to include fully automated, monthly billing for its network security hardware and services. Available for both three-year and pay-as-you-go terms, WatchGuard Subscriptions enable IT solution providers to purchase the company’s network security hardware and services from participating distributors without a commitment or upfront costs, which is an industry first. The updated FlexPay Program helps partners to procure WatchGuard solutions in whatever method best matches how they transact with end customers; this includes WatchGuard’s existing one- and three-year fixed term contracts, MSSP pre-paid points, and now flexible monthly payments.

“MSPs and resellers are increasingly leveraging monthly, pay-as-you-go options for their customers, but because so few vendors and distributors offer compatible purchasing structures, they’re often faced with capital bottlenecks and cash flow issues,” said Michelle Welch, senior vice president of marketing at WatchGuard. “As a 100% channel-focused company that’s dedicated to partner support and enablement, the new WatchGuard Subscriptions offering is designed to further simplify, streamline and strengthen how our partners do business with WatchGuard and meet their customers’ security needs.”

The FlexPay program provides WatchGuardONE partners true purchasing flexibility, with the freedom to select a pricing model that best suits their business – whether that be traditional up-front purchases, monthly payment terms, or pay-as-you-go models leveraging the company’s award-winning MSSP points or the new WatchGuard Subscriptions option. The pay-as-you-go subscription route will be most appealing to IT solution providers looking to avoid time-consuming, costly and manual processes for purchasing or leasing security solutions up front, and fixed-term contracts that limit scalability. It can eliminate up-front expenses and long-term commitments for hardware, and allow partners to suspend, activate, reassign and scale various security services as customer needs change and grow over time.

WatchGuard is the only firewall vendor that has made hardware and security services available through on an online marketplace with no minimum term commitment or up-front costs. By removing unnecessary friction from purchasing and billing cycles, the WatchGuard monthly subscriptions purchasing model helps partners become more agile and flexible, and unlocks cash flow necessary for streamlined business operations and maximum profitability.

“As a longtime distribution partner, we’ve seen WatchGuard continually demonstrate its customer-first mentality in the channel. Offering added purchasing flexibility to customers through FlexPay’s new monthly subscriptions is yet another example of their commitment to partner success,” said Reyna Thompson, senior vice president, North American product management at SYNNEX. “We are pleased to be the first to bring this innovative purchasing model to market with WatchGuard."

Today, WatchGuard Subscriptions are available exclusively in the U.S. through the SYNNEX  Stellr™ online marketplace. Partners can purchase pay-as-you-go subscriptions for tabletop and rackmount Fireboxes and desired  through the marketplace, utilizing easy ordering and subscription management.

WatchGuard will continue to adjust and build upon the purchasing options available within the FlexPay Program over time to ensure partners have access to pricing models that best suit their business needs and customers’ requirements. Existing WatchGuardONE partners interested in signing up for monthly subscriptions should reach out to their designated channel account manager.

WatchGuard Subscriptions will be available in other regions through other distributors in 2020 and beyond. For those interested in becoming a WatchGuardONE partner today, .

WatchGuard® Technologies, Inc. is a global leader in network security, secure Wi-Fi, multi-factor authentication and network intelligence. The company’s award-winning products and services are trusted around the world by nearly 10,000 security resellers and service providers to protect more than 80,000 customers. WatchGuard’s mission is to make enterprise-grade security accessible to companies of all types and sizes through simplicity, making WatchGuard an ideal solution for midmarket businesses and distributed enterprises. The company is headquartered in Seattle, Washington, with offices throughout North America, Europe, Asia Pacific, and Latin America. To learn more, visit WatchGuard.com.

For additional information, promotions and updates, follow WatchGuard on Twitter  on  or on the  page. Also, visit our InfoSec blog, Secplicity, for real-time information about the latest threats and how to cope with them at .  at , or wherever you find your favorite podcasts.

SYNNEX Corporation (NYSE: ) is a Fortune 200 corporation and a leading business process services company, providing a comprehensive range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement to a broad range of enterprises. SYNNEX distributes a broad range of information technology systems and products, and also provides systems design and integration solutions. Founded in 1980, SYNNEX Corporation operates in numerous countries throughout North and South America, Asia-Pacific and Europe. Additional information about SYNNEX may be found online at synnex.com.

Statements in this news release that are forward-looking, such as features and capabilities of products and services, security product offering expansion, technology trends, and general success of collaborations, involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release.  The Company assumes no obligation to update any forward-looking statements contained in this release.

Copyright 2020 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo, CONCENTRIX, STELLR™, and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX, the SYNNEX Logo,  CONCENTRIX and STELLR™, Reg. U.S. Pat. & Tm. Off. Other names and marks are the property of their respective owners.

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Chris Warfield
WatchGuard Technologies, Inc
chris.warfield@watchguard.com

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Globe Newswire: 05:01 GMT Tuesday 14th January 2020

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