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Stock Market & Financial Investment News

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.
News For SILC From The Last 14 Days
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May 5, 2015
10:09 EDTSILCSilicom management to meet with Needham
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May 4, 2015
08:15 EDTSILCSilicom seleected to replace server adapters by SDS leader
Silicom Ltd. announced that it has been selected by an emerging leader of the Data Center SDS segment to replace its existing supplier for a broad range of server adapters. Management estimates that sales to this customer will ramp up to approximately $3M per year over time.
April 27, 2015
09:22 EDTSILCOn The Fly: Pre-market Movers
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08:20 EDTSILCSilicom reports Q1 EPS 52c, consensus 51c
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