Silicom Announces $1 Million Design Win With “Emerging Storage Industry Leader”

Silicom Ltd. announced a design win with a growing provider of performance storage solutions whose related orders are projected to ramp up to approximately $1 million per year.

Over the past two years, the customer has been ordering small quantities of Silicom’s multi-port 10Gbps adapters as market traction grew for its storage array solutions. Now, having become a storage industry player with rising sales, the customer has begun expanding and deepening its relationship with Silicom, placing orders for much higher quantities while discussing and considering additional products.

“In the booming cloud and virtualization space, where performance is the name of the game, one slow component can bottleneck an entire network,” commented Shaike Orbach, Silicom’s president and CEO. “Like other cloud and virtualization players, this emerging storage solution leader has come to depend on Silicom for the high-performance adapters it needs to achieve products with top speed and flexibility.“

Orbach continued: “Our growing business with this customer confirms the ’emerging leader’ strategy we have been pursuing for some time: that is, working closely with innovative young companies as they break into the marketplace, and then growing our relationship with them as they become ‘players’. Even today, as we ramp up our business with this customer, we continue working with multiple small – even very small – companies that may become the next ones to take off. In dynamic spaces like Virtualization and the Cloud, in which the landscape is changing so rapidly, we believe this strategy will be one of the keys required for expanding our market share, revenues and profits.“