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Stock impact report

Global Networking and Security-As-A-Service Provider Standardizes on Silicom's Next-Gen Edge Devices

Silicom Ltd - Ordinary Shares (SILC) 
US:NASDAQ Investor Relations: silicom-usa.com/investor-presentations
Company Research Source: PR Newswire
-   Current Design Win expected to reach $3-$4M/yr at full run rate, leading to additional significant Design Wins in the future -KFAR SAVA, Israel, Dec. 11, 2024 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of networking and data infrastructure solutions, today announced that a global networking and security-as-a-service leader has awarded Silicom a first Design Win and standardized on Silicom Edge devices for all of its Edge deployment scenarios. This makes Silicom the customer's sole Edge Networking hardware provider, paving the way for additional Design Wins that could add multiple millions to the Company's annual sales.This Design Win represents the successful conclusion of a process which began a year ago, when the networking giant initiated discussions about one of Silicom's products. Over time, the discussions expanded to more products and use cases, leading to this significant Design Win with the potential for additional Design Wins in the future.This first Show less Read more
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