Silicom Achieves First Design Win With “Cloud Object Storage Multinational Giant”

Silicom Ltd. has achieved its first object storage design win with one of the world’s largest technology companies, a visionary leader in the object storage market.

The design win is for high-performance connectivity adapters that will be used to enhance the throughput of the customer’s object storage cloud platforms.

Based on this first design win, Silicom has received initial orders for one of the customer’s cloud platforms, representing the first step towards a planned integration of Silicom adapters into all of the platforms it uses for this application. Based on the customer’s indications, management believes that the account will ramp to about $2 million per year.

“We are excited to receive our first design win from this trend-setting market leader, a strong confirmation of the quality of our products and the dependability of our entire organization,” commented Shaike Orbach, Silicom’s president and CEO. “We expect that this first win will lead to additional business from the customer’s cloud object storage business as well as from other business units, the pattern that we have demonstrated with so many other customers in the past. We intend to take full advantage of the credibility and accessibility that we have now achieved, hopefully transforming the customer into a strong, long-term revenue generator for Silicom.“

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2015.07.17 | Press Release