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Stock impact report

Process Equipment Technology Giant Chooses Silicom to Design Next-Generation 400G FPGA Card

Silicom Ltd - Ordinary Shares (SILC) 
US:NASDAQ Investor Relations: silicom-usa.com/investor-presentations
Company Research Source: PR Newswire
KFAR SAVA, Israel, July 8, 2019 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC) today announced that one of the world's largest process equipment technology companies has selected Silicom to provide a customized version of its next-generation 400G FPGA Smart-NIC. The customer first contacted Silicom after the Company's release several months ago of a unique high-performance FPGA hardware platform. The new product attracted industry attention for its robust performance at ultra-high network speeds, together with its flexibility and ease of customization. The customer asked Silicom to create an adjusted version of the product that will match its proprietary specifications, and placed initial purchase orders. According to the customer's projections, its orders for the FPGA card will increase gradually over time to up to approximately $1.5 million per year. "No matter how you look at it, this is an important Win for Silicom," commented Shaike Orbach, Silicom's President & CEO. "First of all, Show less Read more
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