KFAR SAVA, Israel, Jan. 10, 2019 /PRNewswire/ -- Silicom Ltd.
(NASDAQ: SILC) today announced that a leading global ISP
(Internet Service Provider) has selected a Silicom FPGA-based Smart
NIC for deployment in its data centers throughout the world.
The Silicom dual port 100G Smart
NIC demonstrates an ultra-small
footprint-to-throughput ratio and uses the Silicom unique
Packet Mover technology, a feature which will enable the customer
to easily integrate its own FPGA IP into the Silicom FPGA core
To date, the customer has placed initial purchase orders and
forecasts that its order rate will ramp up gradually to
approximately $4 million per
"We are excited to secure this strategic win for our
cutting-edge FPGA solutions," commented Shaike Orbach, Silicom's President and CEO. "The
fact that such an important industry leader has selected our FPGA
technology confirms its unique value for Cloud and Service
Providers, enabling us to reach out to the entire Cloud and Service
Provider market with a highly attractive value proposition."
Mr. Orbach continued, "The IP core of our Packet Mover FPGA uses
several layers, some of which are still at the final development
stages. However, with feasibility now proven, we have been
successful in igniting the imagination of this and other target
customers. We continue to invest significantly in developing our
FPGA technology and consider it to be an important long term growth
driver. We believe that this win is an important step forward in
our FPGA strategy that will open doors to new possibilities,
widening the circle of solutions that we can offer our fast-growing
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
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.
Investor Relations Contact:
Ehud Helft / Gavriel
GK Investor Relations
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SOURCE Silicom LTD.