Silicom Secures Major Edge Networking Design Win
KFAR SAVA, Israel, March 16, 2022 -- Silicom Ltd., a leading provider of networking and data infrastructure solutions, today announced that it has secured a major design win from an existing client, a US communication service provider, for customized high-runner edge networking products to be deployed in a network-wide infrastructure upgrade project that it is carrying out for one of its customers.
To date, Silicom has delivered approximately $3 million in equipment for the project's first phase, and, in recognition of its excellent performance, has recently received second-phase purchase orders totaling $3 million to be delivered during 2022. The customer forecasts that the total value of the design win will be approximately $15 million.
"We are delighted that this rapidly-growing communications service provider has turned to Silicom once again for the high-performance networking products it needs to enable its clients' next-generation infrastructure," commented Shaike Orbach, Silicom's CEO. "This is a clear confirmation of the superiority of our technology, and demonstrates, once again, the importance of our close, ongoing customer relationships."
Mr. Orbach continued, "In general, our Edge momentum continues to build, as the explosion of cloud-based services and IoT drive demand for advanced, high-capacity edge processing capabilities. The proven ability of our products to increase network throughput and decrease latency are recognized as critical, differentiating advantages – both by the end-users who operate the networks and by the service providers who build them. As a result, our unique portfolio of Edge products and technologies continues to be a significant growth driver and a major contributor to the demand side of our business."
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 200 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.
Source: Silicom
