Long-Term Network Optimization Customer Selects Silicom Edge Systems as its Next-Generation Platforms
Silicom Ltd. (NASDAQ: SILC) has secured a significant design win from a leading network optimization vendor. The customer has selected Silicom's Edge systems as platforms for their next-generation appliances. Following a ramp-up period, this deal is expected to increase annual sales to approximately $4 million with this particular customer.
The expansion builds upon an existing partnership that began with networking cards and grew to include FPGA smart cards. The customer's selection of Silicom's Edge Systems demonstrates the company's success in expanding its product portfolio and strengthening customer relationships. Additional opportunities are being discussed, including an innovative Edge system that could further expand the partnership.
Silicom Ltd. (NASDAQ: SILC) ha ottenuto un importante design win da un primario fornitore di soluzioni per l'ottimizzazione delle reti. Il cliente ha scelto i sistemi Edge di Silicom come piattaforme per i suoi apparati di nuova generazione. Dopo la fase di ramp-up, si prevede che questo accordo porterà le vendite annuali con questo cliente a circa $4 milioni.
L'espansione si basa su una collaborazione già avviata, iniziata con schede di rete e poi estesa a smart card FPGA. La scelta dei sistemi Edge di Silicom evidenzia il successo dell'azienda nell'ampliare il proprio portafoglio prodotti e nel consolidare i rapporti con il cliente. Sono in corso discussioni su ulteriori opportunità, inclusa un'innovativa soluzione Edge che potrebbe ampliare ulteriormente la partnership.
Silicom Ltd. (NASDAQ: SILC) ha conseguido un importante design win con un proveedor líder en optimización de redes. El cliente ha seleccionado los sistemas Edge de Silicom como plataforma para sus appliances de próxima generación. Tras un periodo de ramp-up, se espera que este acuerdo incremente las ventas anuales con este cliente hasta aproximadamente $4 millones.
La ampliación se apoya en una alianza previa que comenzó con tarjetas de red y evolucionó hacia tarjetas inteligentes FPGA. La elección de los sistemas Edge de Silicom demuestra el éxito de la compañía en ampliar su cartera de productos y en reforzar la relación con el cliente. Se están negociando oportunidades adicionales, incluida una innovadora solución Edge que podría ampliar aún más la colaboración.
Silicom Ltd. (NASDAQ: SILC)가 네트워크 최적화 분야의 선도 업체로부터 중요한 디자인 수주를 확보했습니다. 고객은 차세대 어플라이언스의 플랫폼으로 Silicom의 엣지(Edge) 시스템을 선정했습니다. 램프업 기간을 거친 후 이 거래로 해당 고객에 대한 연간 매출이 약 $4백만 수준으로 증가할 것으로 예상됩니다.
이번 확대는 네트워킹 카드로 시작해 FPGA 스마트 카드까지 확대된 기존 파트너십을 기반으로 합니다. 고객이 Silicom의 엣지 시스템을 선택한 것은 제품 포트폴리오를 확장하고 고객 관계를 강화한 회사의 성과를 보여줍니다. 혁신적인 엣지 시스템을 포함한 추가 기회들도 논의 중이며, 이는 파트너십을 더욱 확장할 수 있습니다.
Silicom Ltd. (NASDAQ: SILC) a remporté un important design win auprès d'un fournisseur majeur d'optimisation réseau. Le client a choisi les systèmes Edge de Silicom comme plateformes pour ses appliances de nouvelle génération. Après une phase de montée en volume, cet accord devrait porter les ventes annuelles avec ce client à environ 4 millions de dollars.
Cette expansion s'appuie sur un partenariat existant, débuté avec des cartes réseau puis étendu aux cartes FPGA intelligentes. Le choix des systèmes Edge de Silicom témoigne du succès de la société à élargir son portefeuille de produits et à renforcer ses relations clients. D'autres opportunités sont à l'étude, y compris un système Edge innovant qui pourrait encore étendre la collaboration.
Silicom Ltd. (NASDAQ: SILC) hat einen bedeutenden Design-Win bei einem führenden Anbieter für Netzwerkoptimierung erzielt. Der Kunde hat Silicoms Edge-Systeme als Plattformen für seine Appliances der nächsten Generation ausgewählt. Nach einer Hochlaufphase wird erwartet, dass dieser Auftrag die jährlichen Verkäufe mit diesem Kunden auf etwa $4 Millionen steigert.
Die Ausweitung baut auf einer bestehenden Partnerschaft auf, die mit Netzwerkkarten begann und sich zu FPGA-Smartcards entwickelte. Die Entscheidung für Silicoms Edge-Systeme unterstreicht den Erfolg des Unternehmens bei der Erweiterung des Produktportfolios und der Festigung von Kundenbeziehungen. Weitere Möglichkeiten werden diskutiert, darunter ein innovatives Edge-System, das die Partnerschaft weiter vertiefen könnte.
- Design win expected to generate ~$4 million in annual sales
- Expansion of existing customer relationship to include Edge Systems product line
- Potential for additional business growth through new Edge system opportunities
- Customer portfolio expanded from networking cards to include FPGA smart cards and Edge Systems
- Revenue impact subject to ramp-up period before reaching full run rate
- New Design Win to boost Silicom's annual sales to this customer to
KFAR SAVA,
"We are proud that this prestigious customer continues to expand our partnership, confirming the unique functionality of our products and our flawless track record as a trusted supplier," commented Liron Eizenman, Silicom's CEO.
"Building on the strong relationship established initially on the basis of just our networking cards, the customer has expanded its business with us over time to include all our main product lines, adding first our FPGA smart cards and now our advanced Edge Systems. This demonstrates, once again, the value of our broad portfolio and the close, ongoing partnership between us that has strengthened continuously over the years."
Mr. Eizenman concluded, "As a natural outgrowth of our relationship, we continue discussing additional opportunities that could further increase our business with them, including most recently another innovative Edge system that will bring a performance edge to even more of their appliances and platforms."
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
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, the speed and extent to which Silicom's solutions are adopted by the relevant markets, difficulty in commercializing and marketing of Silicom's products and services, maintaining and protecting brand recognition, protection of intellectual property, competition, disruptions to its manufacturing, sales & marketing, development and customer support activities, the impact of the wars in
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Company Contact: Eran Gilad, CFO Silicom Ltd. Tel: +972-9-764-4555 E-mail: erang@silicom.co.il | Investor Relations Contact: Ehud Helft EK Global Investor Relations Tel: +1 212 378 8040 E-mail: silicom@ekgir.com |
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SOURCE Silicom Ltd.
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