KFAR SAVA, Israel, June 25, 2018 /PRNewswire/ -- Silicom Ltd.
(NASDAQ: SILC) today announced that a Tier-1 US-based Internet and
content provider will be using a version of Silicom's innovative
200G "Switch-on-a-NIC" card in its distribution hub infrastructure
as part of its preparation for an SD-WAN deployment. The card's
combination of advanced hardware and a comprehensive software suite
provides a unique unified solution for both the switch and the NIC
over DPDK (Data Plane Development Kit).
To date, the Tier-1 customer has placed approximately
$1 million in purchase orders for the
"Switch-on-a-NIC" adapter. In parallel, the customer has
engaged Silicom in discussions regarding its upcoming edge device
needs.
"We are extremely excited to achieve our first Win with this
communications giant, a strategic achievement for us on several
levels," commented Shaike Orbach,
Silicom's CEO. "The fact that our Cloud Switch on a NIC solution
has now been adopted for use in a hub architecture upgraded for
SD-WAN is great news for us. It allows us to capitalize on the
relationships that we have built through our sales of SD-WAN edge
devices, proposing solutions that will allow us to penetrate more
deeply into our customers' infrastructure."
"In parallel, this solution enables us to approach additional
service providers looking for an SD-WAN hub infrastructure
solution, and from there to propose solutions for their edge
requirements. As such, we believe that this win will allow us to
further increase our market share of the uCPE Edge segment as well
as the hub and central infrastructure markets, including Data
Center and Cloud segments."
Mr. Orbach concluded, "The fact that this customer came to us
demonstrates how deeply we have become integrated into the SD-WAN
space and just how powerful our technology and solution approach
are. The Win confirms that both our central infrastructure and edge
solutions are essential building blocks for SD-WAN, NFV, Cloud and
Data Center infrastructures, positioning us even more favorably to
ride the growth of the SD-WAN, Cloud and Data Center spaces."
About Silicom
Silicom Ltd. is an industry-leading provider of high-performance
networking and data infrastructure solutions. Designed primarily to
improve performance and efficiency in Cloud and Data Center
environments, Silicom's solutions increase throughput, decrease
latency and boost the performance of servers and networking
appliances, the infrastructure backbone that enables advanced Cloud
architectures and leading technologies like NFV, SD-WAN and Cyber
Security. Our innovative solutions for high-density networking,
high-speed fabric switching, offloading and acceleration, which
utilize a range of cutting-edge silicon technologies as well as
FPGA-based solutions, are ideal for scaling-up and scaling-out
cloud infrastructures.
Silicom products are used by major Cloud players, service
providers, telcos and OEMs as components of their infrastructure
offerings, including both add-on adapters in the Data Center and
stand-alone virtualized/universal CPE devices at the edge.
Silicom's long-term, trusted relationships with more than 150
customers throughout the world, its more than 400 active Design
Wins and more than 300 product SKUs have made Silicom a "go-to"
connectivity/performance partner of choice for technology leaders
around the globe.
For more information, please visit: www.silicom.co.il
Statements in this press release which are not historical data
are forward-looking statements which involve known and unknown
risks, uncertainties, or other factors not under the company's
control, which may cause actual results, performance, or
achievements of the company to be materially different from the
results, performance, or other expectations implied by these
forward-looking statements. These factors include, but are not
limited to, Silicom's increasing dependence for substantial revenue
growth on a limited number of customers in the evolving cloud-based
market, the speed and extent to which cloud-based and cloud-focused
solutions are adopted by the market, likelihood that it will rely
increasingly on customers which provide cloud-based and
cloud-focused solutions in this evolving market, resulting in an
increasing dependence on a smaller number of larger customers,
difficulty in commercializing and marketing of Silicom's products
and services, maintaining and protecting brand recognition,
protection of intellectual property, competition and other factors
detailed in the company's periodic filings with the Securities and
Exchange Commission. These forward-looking statements can generally
be identified as such because the context of the statement will
include words, such as "expects," "should," "believes,"
"anticipates" or words of similar import. Similarly, statements
that describe future plans, objectives or goals are also
forward-looking statements. In light of significant risks and
uncertainties inherent in forward-looking statements, the inclusion
of such statements should not be regarded as a representation by
the company that it will achieve such forward-looking statements.
The company disclaims any duty to update such statements, whether
as a result of new information, future events, or otherwise.
Company Contact:
Eran Gilad, CFO
Silicom Ltd.
Tel: +972-9-764-4555
E-mail: erang@silicom.co.il
Investor Relations Contact:
Ehud Helft
GK Investor Relations
Tel: +1-646-201-9246
E-mail: silicom@gkir.com
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SOURCE Silicom Ltd.