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News Breaks
July 29, 2014
08:20 EDTSILCSilicom 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.
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December 10, 2014
14:44 EDTSILCSilicom acquires application acceleration company Fiberblaze
Silicom announced that it has signed and closed the acquisition of Fiberblaze A/S, a privately-held Denmark-based provider of application acceleration solutions for the mobile, telecommunication, network monitoring, cyber security, financial and related industries. Silicom has agreed to pay Fiberblazeís stockholders approximately $10M in cash, subject to certain adjustments, and additional consideration subject to the attainment of certain future performance milestones. The transaction has been approved by the boards of directors of both companies. Silicom expects the acquisition to be accretive to earnings per share on a non-GAAP basis.

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