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Stock impact report

Silicom Announces Major Multi-Year Win: Top-Tier Service Provider Expected to Deploy Silicom's Edge/CPE Devices Worldwide

Silicom Ltd - Ordinary Shares (SILC) 
US:NASDAQ Investor Relations: silicom-usa.com/investor-presentations
Company Research Source: PR Newswire
KFAR SAVA, Israel, Dec. 3, 2018 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC) today announced that one of the world's largest service providers is expected to deploy Silicom's modular uCPE units in its worldwide NFV implementation with SD-WAN integrated as one of its network functions.To win this deal, Silicom leveraged its unique capabilities within the uCPE world, including primarily its modular approach and secured management features, and customized its uCPE designs to help the customer achieve its required challenging performance, data volume and infrastructure-scale-up goals. Silicom has already delivered customized devices for testing and approval, and is now moving forward with a process expected to lead to General Availability (GA) during the first half of 2019.Based on the customer's projections, Silicom expects win-related revenues to ramp up gradually, beginning with only a few million dollars in 2019 and then rising to a run rate of tens of millions of dollars per year at t Show less Read more
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