Silicom to distribute dividend of up to 50% of annual distributable profits Silicom announced that its Board of Directors has adopted a policy for distributing dividends, subject to all applicable laws. According to this policy, each year the company will distribute a dividend of up to 50% of its annual distributable profits.
News For SILC From The Last 14 Days
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Silicom secures first Silicom Coleto Creek design win Silicom announced that it has achieved its first design win for the recently-released Silicom Coleto Creek encryption and compression card. The design win is from one of Silicomís existing customers, a market-leading provider of smart network solutions, who will use Silicomís Coleto Creek and Silicom Quad-Port 10G Networking cards in one of its next-generation network appliances. The customerís decision to use the Coleto Creek card is part of its strategic decision to move towards an x86 Intel Architecture. Sales related to these design wins are expected to triple the revenues from this customer to approximately $1.5M per year. In parallel, discussions continue with another of the customerís teams regarding the use of a higher-end Coleto Creek card in an additional appliance.