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Silicom Reports Continued Edge Networking Momentum: Design Win With Leading Provider of IP Voice Solutions
KFAR SAVA, Israel, Feb. 6, 2023 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of networking and data infrastructure solutions, today
About this update from Silicom Ltd
[{"type":"text","content":"KFAR SAVA, Israel, Feb. 6, 2023 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of networking and data infrastructure solutions, today announced that it has secured its first Design Win with a leading provider of enterprise voice solutions. The win is for a customized edge compute board that the customer will integrate into one of its advanced uCPE platforms to provide important additional functionality, including support for virtual network functions.\nTo date, the customer has placed orders totaling $2.5 million, some of which have already been delivered.\n\"We are very pleased to begin working with this voice solution leader, a technology pioneer who is benefiting strongly from the market's shift to digitalized technologies,\" commented Liron Eizenman, Silicom's CEO. \"They came to us as a 'full service' edge solution provider who could offer best-in-breed technology, rapid customization capabilities and reliable delivery. Working in close partnership, we helped them define several 'flavors' of our Edge networking boards, providing them the flexibility they needed to meet their performance and cost targets for various use cases.\"\nMr. Eizenman continued, \"This is a further demonstration of the almost endless potential that has been created by our unique Edge Networking expertise and unique product offerings. Our customer base continues to expand rapidly, as companies as disparate as technology providers, telcos, cloud players and enterprises roll out and deploy their new edge networking-based solutions. With offerings from compute boards, which this client has currently ordered, to full Edge networking platforms, we are positioned as a full-service Edge networking partner who can help them achieve their goals and overcome challenging roadblocks.\"\nMr. Eizenman concluded, \"Given the mass of interest that we are experiencing from both new and existing customers of all types, we realized that the total addressable market for our Edge networking products is even bigger than we initially estimated. It is already today - and we believe that it will continue to be - a strong growth driver for us, not only for 2023, but also beyond.\"\nAbout Silicom\nSilicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to improve performance and efficienc...