Silicom Ltd 6-K, filed Feb 9, 2022
Silicom Ltd. (SILC)
6-K
2022-02-09
For: 2022-02-09
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Added on
April 06, 2026
About this 6-K
Silicom Ltd filed this 6-K on February 9, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16
OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2022
Commission File Number 000-23288
SILICOM LTD.
(Translation of Registrant’s name into English)
14 Atir Yeda St., Kfar-Sava 4464323, Israel
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):___
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):___
On February 9, 2022, the Registrant issued a press release: “Tier-1 European telco selects Silicom Edge Networking solution as part of
vast new SD-WAN deployment”.
Attached hereto are the following exhibits:
This Form 6-K, including all exhibits hereto, is hereby incorporated by reference into all effective registration statements filed by the
registrant under the Securities Act of 1933.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
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SILICOM LTD.
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Date: February 9, 2022
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By
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/s/ Eran Gilad
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Eran Gilad
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Chief Financial Officer
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Exhibit 99.1
FOR IMMEDIATE RELEASE
Tier-1 European Telco Selects Silicom Edge
Networking Solution As Part of Vast New SD-WAN Deployment
KFAR SAVA, Israel — February 9, 2022,
- Silicom Ltd. (NASDAQ: SILC), a leading provider of networking and data infrastructure solutions, today announced that a Tier-1 European telco, a new customer for Silicom, has selected a customized version of a Silicom Edge Networking platform to deploy in the next-generation SD-WAN networks that it will begin rolling
out during the second half of 2022.
The Design Win was secured in partnership with a leading provider of SD-WAN software, which selected the Silicom hardware as the
highest-performance complement for its next-generation offerings.
To date, the customer has placed a $1 million purchase order for equipment planned to be delivered during late 2022 and early 2023,
and forecasts a run rate of approximately $5 million per year once manufacturing and deployment become stable. With the initial purchase order in hand, the Silicom team is working to address the customization process’s final challenges.
“We are excited to add another Tier-1 player to our growing list of telco clients, confirming once again the strong positioning we
have achieved in the SD-WAN ecosystem and the segment’s power to drive our future growth,” commented Shaike Orbach, Silicom’s CEO. “The fact that a telco of this stature selected our platform speaks volumes about the advantages of our edge network
solutions, and emphasizes the importance of the strong cooperation and partnerships we have established with many SD-WAN software vendors in this era of hardware and software decoupling.”
Mr. Orbach continued, “As such, we are enthusiastic about our cooperation with this leading SD-WAN software provider, with whom we
have teamed to provide the optimal solution for the carrier’s challenges. We believe our joint solution, which combines the highest-quality, maximum flexibility, most reasonable-cost hardware platform with the many advantages of our partner’s
software solution, optimally addresses the challenges faced by telcos and SD-WAN service providers and will further increase our success in this market.
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About Silicom
Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to
improve performance and efficiency in Cloud and Data Center environments, Silicom’s solutions increase throughput, decrease latency and boost the performance of servers and networking appliances, the infrastructure backbone that enables advanced
Cloud architectures and leading technologies like NFV, SD-WAN and Cyber Security. Our innovative solutions for high-density networking, high-speed fabric switching, offloading and acceleration, which utilize a range of cutting-edge silicon
technologies as well as FPGA-based solutions, are ideal for scaling-up and scaling-out cloud infrastructures.
Silicom products are used by major Cloud players, service providers, telcos and OEMs as components of their infrastructure
offerings, including both add-on adapters in the Data Center and stand-alone virtualized/universal CPE devices at the edge.
Silicom’s long-term, trusted relationships with more than 200 customers throughout the world, its more than 400 active Design Wins
and more than 300 product SKUs have made Silicom a “go-to” connectivity/performance partner of choice for technology leaders around the globe.
For more information, please visit: www.silicom.co.il
Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks,
uncertainties, or other factors not under the company's control, which may cause actual results, performance, or achievements of the company to be materially different from the results, performance, or other expectations implied by these
forward-looking statements. These factors include, but are not limited to, Silicom's increasing dependence for substantial revenue growth on a limited number of customers in the evolving cloud-based, SD-WAN, NFV and Edge markets, the speed and
extent to which solutions are adopted by these markets, likelihood that Silicom will rely increasingly on customers which provide solutions in these evolving markets, resulting in an increasing dependence on a smaller number of larger customers,
difficulty in commercializing and marketing of Silicom's products and services, maintaining and protecting brand recognition, protection of intellectual property, competition, disruptions to our manufacturing and development along with general
disruptions to the entire world economy relating to the spread of the novel coronavirus (COVID-19) and other factors detailed in the company's periodic filings with the Securities and Exchange Commission. These forward-looking statements can
generally be identified as such because the context of the statement will include words, such as “expects,” “should,” “believes,” “anticipates” or words of similar import. Similarly, statements that describe future plans, objectives or goals are
also forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements should not be regarded as a representation by the company that it will achieve such
forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise.
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Company Contact:
Eran Gilad, CFO
Silicom Ltd.
Tel: +972-9-764-4555
E-mail: erang@silicom.co.il
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Investor Relations Contact:
Ehud Helft
GK Investor Relations
Tel: +1 212 378 8040
E-mail: silicom@gkir.com
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