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Silicom's 'Cloud' Efforts Begin to Pay off: $750K Order & Strong Industry Interest for 'Switched SETAC' Cloud Platforms

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Silicom Ltd. today reported growing sales momentum and strong customer interest for its Cloud Platform product lines, including its Switched SETAC and Accelerated Switched SETAC. These products are designed to save space, energy and costs for cloud-based service providers while easing their transition to the SDN/NFV environment.

  • Based on the positive results achieved with an initial Switched SETAC deployment, a leading Cyber Security player has recently placed a $750,000 order to be delivered during Q2 and plans to place additional orders in 2016 and beyond.
  • Based on the above-expectation performance of the first Accelerated Switched SETAC systems that it ordered, a European DPI (Deep Packet Inspection) customer intends to begin placing repeat orders.
  • Additional OEMs, including some of the Company’s largest clients, are currently evaluating current and next-generation Switched SETAC designs (including 25G and 100G) with the goal of improving the performance of their data center offerings for Cloud Service Providers while reducing their footprint and energy consumption.

“The momentum that is building for our Cloud Platform products demonstrates the strong industry need for Cloud performance solutions and the excellent fit of our Switched SETAC products,” commented Mr. Shaike Orbach, Silicom’s President and CEO. “The strong growth in industry interest, coupled with the sizeable order that we have just received and our forecasts for more, gives us confidence in projecting multi-million dollar sales for these Design Wins alone, and steadily growing sales for the Switched SETAC product line in general.

Published Thursday, April 28, 2016 8:27 AM by David Marshall
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