US-Based Cyber Security Company Selects Silicom Next-Gen FPGA Smart Card for New Network Monitoring Solution
Silicom (NASDAQ: SILC) has secured a significant design win as a US-based cyber security company selects their latest Altera-based 400G FPGA Smart Card for a new network monitoring solution. The deal is expected to reach $3 million per year at full ramp-up, with initial deliveries scheduled for this year.
The selection follows extensive collaboration between both companies' teams to optimize product features and performance. The customer utilized Silicom's PacketMover framework to accelerate their market entry, leveraging its simplified approach to developing and integrating offload functions onto Silicom's FPGA cards.
This design win represents another milestone in Silicom's strategic growth plan, showcasing their capability as a 'full-service' supplier offering advanced technology solutions, customer collaboration, and rapid development capabilities.
Silicom (NASDAQ: SILC) ha ottenuto un'importante vittoria nel design, poiché una società di cyber sicurezza con sede negli Stati Uniti ha selezionato la loro ultima scheda Smart Card FPGA da 400G basata su Altera per una nuova soluzione di monitoraggio della rete. Il contratto dovrebbe raggiungere i 3 milioni di dollari all'anno al pieno regime, con le prime consegne programmate per quest'anno.
La selezione segue una collaborazione approfondita tra i team di entrambe le aziende per ottimizzare le caratteristiche e le prestazioni del prodotto. Il cliente ha utilizzato il PacketMover framework di Silicom per accelerare il proprio ingresso nel mercato, sfruttando il suo approccio semplificato per sviluppare e integrare funzioni di scarico sulle schede FPGA di Silicom.
Questa vittoria nel design rappresenta un altro traguardo nel piano di crescita strategica di Silicom, dimostrando la loro capacità di essere un fornitore 'full-service' che offre soluzioni tecnologiche avanzate, collaborazione con i clienti e capacità di sviluppo rapido.
Silicom (NASDAQ: SILC) ha conseguido una importante victoria en el diseño, ya que una empresa de ciberseguridad con sede en EE. UU. ha seleccionado su última tarjeta inteligente FPGA de 400G basada en Altera para una nueva solución de monitoreo de red. Se espera que el acuerdo alcance los 3 millones de dólares al año a plena capacidad, con las primeras entregas programadas para este año.
La selección sigue a una extensa colaboración entre los equipos de ambas empresas para optimizar las características y el rendimiento del producto. El cliente utilizó el PacketMover framework de Silicom para acelerar su entrada al mercado, aprovechando su enfoque simplificado para desarrollar e integrar funciones de descarga en las tarjetas FPGA de Silicom.
Esta victoria en el diseño representa otro hito en el plan de crecimiento estratégico de Silicom, mostrando su capacidad como proveedor 'full-service' que ofrece soluciones tecnológicas avanzadas, colaboración con clientes y capacidades de desarrollo rápido.
Silicom (NASDAQ: SILC)은 미국에 본사를 둔 사이버 보안 회사가 새로운 네트워크 모니터링 솔루션을 위해 최신 Altera 기반의 400G FPGA 스마트 카드를 선택함에 따라 중요한 디자인 승리를 확보했습니다. 이 거래는 최대 연간 300만 달러에 이를 것으로 예상됩니다 완전 가동 시, 초기 납품은 올해로 예정되어 있습니다.
이번 선택은 두 회사 팀 간의 광범위한 협업을 통해 제품 기능과 성능을 최적화한 결과입니다. 고객은 Silicom의 PacketMover framework를 활용하여 시장 진입을 가속화하고, Silicom의 FPGA 카드에 오프로드 기능을 개발하고 통합하는 간소화된 접근 방식을 활용했습니다.
이번 디자인 승리는 Silicom의 전략적 성장 계획에서 또 다른 이정표를 나타내며, 고급 기술 솔루션, 고객 협업 및 신속한 개발 능력을 제공하는 '풀 서비스' 공급자로서의 능력을 보여줍니다.
Silicom (NASDAQ: SILC) a obtenu une victoire significative dans le domaine du design, car une entreprise de cybersécurité basée aux États-Unis a sélectionné sa dernière carte intelligente FPGA 400G basée sur Altera pour une nouvelle solution de surveillance réseau. Le contrat devrait atteindre 3 millions de dollars par an à pleine capacité, avec les premières livraisons prévues pour cette année.
Cette sélection fait suite à une collaboration approfondie entre les équipes des deux entreprises pour optimiser les caractéristiques et les performances du produit. Le client a utilisé le PacketMover framework de Silicom pour accélérer son entrée sur le marché, tirant parti de son approche simplifiée pour développer et intégrer des fonctions de décharge sur les cartes FPGA de Silicom.
Cette victoire dans le design représente une autre étape importante dans le plan de croissance stratégique de Silicom, mettant en avant sa capacité à être un fournisseur 'full-service' offrant des solutions technologiques avancées, une collaboration avec les clients et des capacités de développement rapide.
Silicom (NASDAQ: SILC) hat einen bedeutenden Designgewinn erzielt, da ein in den USA ansässiges Cyber-Sicherheitsunternehmen ihre neueste Altera-basierte 400G FPGA-Smartcard für eine neue Netzwerküberwachungslösung ausgewählt hat. Der Vertrag wird voraussichtlich einen Wert von 3 Millionen Dollar pro Jahr erreichen bei voller Auslastung, mit den ersten Lieferungen, die für dieses Jahr geplant sind.
Die Auswahl folgt einer umfassenden Zusammenarbeit zwischen den Teams beider Unternehmen zur Optimierung der Produktmerkmale und -leistungen. Der Kunde nutzte Silicoms PacketMover framework, um seinen Markteintritt zu beschleunigen und dabei den vereinfachten Ansatz zur Entwicklung und Integration von Offload-Funktionen auf Silicoms FPGA-Karten zu nutzen.
Dieser Designgewinn stellt einen weiteren Meilenstein im strategischen Wachstumsplan von Silicom dar und zeigt deren Fähigkeit als 'Full-Service'-Anbieter, der fortschrittliche Technologielösungen, Kundenkooperation und schnelle Entwicklungskapazitäten bietet.
- Secured $3M/year recurring revenue stream at full ramp-up
- Expanded relationship with existing customer in cybersecurity sector
- Successfully demonstrated advanced technological capabilities with 400G FPGA solution
- Design win adds to long-term revenue visibility
- Revenue ramp-up timeline not specified
- Initial order size not disclosed
Insights
Silicom's latest design win represents a significant revenue opportunity relative to the company's size. With a market cap of just
What's particularly valuable here is the recurring nature of this revenue stream. As an existing customer expanding their relationship with Silicom, this indicates strong product satisfaction and suggests potential for future business expansion. The multi-year structure provides improved revenue visibility and stability to Silicom's financial outlook.
The networking and cybersecurity sectors continue showing strong demand for advanced FPGA solutions that can handle increasing data throughput requirements. Silicom's 400G FPGA smart card positions them well in this growth market, particularly as enterprise security needs evolve with increasing network speeds.
Beyond immediate revenue, this deal validates Silicom's engineering capabilities and collaborative approach, potentially creating opportunities with other customers seeking similar customization. The mention of accelerated go-to-market timeframes through Silicom's PacketMover framework also highlights the company's value proposition in helping customers reduce development cycles and time-to-revenue.
Silicom's design win for their latest Altera-based 400G FPGA Smart Card demonstrates their technical leadership in high-performance network processing solutions. The 400G capability is particularly significant as networks continue scaling to handle increased data volumes, especially in security monitoring applications where packet inspection at line rate is critical.
The collaboration mentioned between engineering teams highlights a key competitive advantage for Silicom - their ability to function as an extension of customers' R&D teams. This consultative approach differs from pure hardware vendors and creates higher switching costs for customers who become integrated with Silicom's development processes.
Their PacketMover framework represents an important technical differentiator, abstracting away FPGA programming complexity while maintaining performance benefits. This acceleration of the customer's go-to-market timeline demonstrates tangible value beyond just hardware specifications.
The full-service model Silicom employs - from collaborative development through delivery of integrated, tested server solutions - addresses the complexity challenges many organizations face when implementing FPGA-based architectures. This approach particularly appeals to cybersecurity vendors who need to focus engineering resources on their core security algorithms rather than infrastructure integration.
- Full ramp-up forecast to reach
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This Design Win represents the successful conclusion of many months of collaborative effort with the customer. Both teams worked closely to fine-tune the product's advanced features and performance, overcoming various challenges. This demonstrates the added value of Silicom's engineering talent, whom customers often view as an extension of their own R&D teams. Through the use of Silicom's PacketMover framework, which offers unparalleled simplicity in developing and integrating offload functions onto Silicom's FPGA cards, the customer was able to accelerate its go-to-market schedule.
"We are pleased that our next-gen FPGA smart card has been chosen by this cyber leader, confirming that our products are at the cutting edge of networking technology innovation," commented Liron Eizenman, Silicom's CEO. "As a 'full-service' supplier, we have worked closely with the customer to meet feature-set and performance requirements, and will deliver them as a complete solution, fully integrated and tested within a server."
Mr. Eizenman continued, "This Win demonstrates once again the importance of the 'full package' that we offer: a uniquely broad product line based on advanced technology, hands-on collaboration with the customer, and a rapid development and delivery capability. It adds to the Design Win momentum that we have been building in line with our strategic plan, further increasing the visibility of our long-term revenue goals. Multi-year deals and relationships such as these confirm that we are on a path that will create substantial value for our shareholders over the long term."
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 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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FAQ
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