This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Silicom Announces Major Design Win For Security Appliances Of Tier 1 Fortune 100 Server Manufacturer

Silicom Ltd. (NASDAQ:SILC)(TASE:SILC) today announced a significant Design Win with the security services subsidiary of one of the world’s largest server manufacturers, a Fortune 100 company. This Design Win for Silicom’s Ethernet multi-port server adapters has already started generating firm orders, and is expected to contribute revenues that will ramp up to approximately $1 million per year.

In parallel, the customer has begun evaluating additional Silicom products, including 10Gbps cards, “intelligent” products and SETAC-based solutions. These activities, coupled with the sheer size of this customer, lead Silicom to believe that the relationship represents the potential for a continuous strong flow of additional Design Wins in the future.

“We are very excited to announce this strategic Design Win, which positions Silicom as a strategic supplier to one of the server industry’s top-tier players,” commented Shaike Orbach, Silicom’s President and CEO. “Our success with this customer demonstrates the winning power of our differentiated positioning, including unique technology and products, super-responsive customization and support capabilities, and an unmatched understanding of the market’s true needs. Our continuous investment in these capabilities has built Silicom into the clear leader of the connectivity industry with a super-strong platform for future growth and achievements.”

##

About Silicom

Silicom Ltd. is an industry-leading provider of high-performance networking solutions designed to increase the throughput and availability of networking appliances and server-based systems.

Silicom’s large and growing base of OEM customers includes most of the market-leading players in the areas of WAN Optimization, Security and other mission-critical gateway applications. Silicom’s products include a variety of multi-port 1/10 Gigabit Ethernet server adapters, innovative internal and external BYPASS solutions and advanced Smart adapters, including SSL encryption solutions and Redirector adapters.

In addition, Silicom's patent-pending new SETAC (Server To Appliance Converter) product family is a unique solution that enables standard servers to be configured as network appliances with high-density front networking ports and no-hassle port modularity.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,745.98 -5.41 -0.03%
S&P 500 2,108.63 +0.06 0.00%
NASDAQ 5,128.7850 +17.0520 0.33%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs