US telecom service provider selects Silicom to develop new edge networking product
Silicom Ltd, a provider of networking and data infrastructure solutions, announced that it has been selected to develop an edge networking product by US-based provider of enterprise telecommunications services. The product’s feature set will make it possible for the customer to offer advanced new features, while simultaneously reducing its internal overhead.
The customer has already placed initial orders totaling approximately $5 million (€4.64 million). Delivery of products will commence following completion of the development and testing processes, which are expected to be carried out by the end of 2023. The customer has indicated that orders will scale up over the next several years as the product enters mass deployment.
“We are gratified that this service provider has turned to us to develop and build this next-generation Edge Networking product, and extremely excited about the potential of the new use case it brings to market,” comments Liron Eizenman, Silicom’s CEO. “Besides substantial long-term sales to this particular customer, we believe it will prove useful for a wide range of customers, adding to the already-strong momentum that is building around our Edge product lines.”
Eizenman continues, “This confirms, once again, our strategic decision to focus on the Edge market as a primary growth driver. It also demonstrates the value of the ‘full service’ model we have built for the Edge Networking market, including new products based on deep networking, 5G and LTE expertise, development and customisation capabilities, a partnership approach and uncompromising total support.”
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