New design wins from major customer to boost Silicom's revenues by ～$2million/year

摘要

Silicom Ltd. announced that one of its largest customers, a worldwide provider of application acceleration, virtualization, and cloud computing solutions, has selected Silicom to supply an additional three products: two encryption cards and one special networking card. Based on the customer's forecasts, Silicom expects the volume of purchase orders for these cards to ramp up gradually to approximately $2 million per year, bringing the customer's purchases from Silicom to a total of approximately $5 million per year. In parallel, the customer continues to discuss with Silicom additional projects and applications in which Silicom's standard and specialized products meet the functional requirements of its popular appliances.