Silicom Ltd 6-K, filed Oct 12, 2021
Silicom Ltd. (SILC)
6-K
2021-10-12
For: 2021-10-12
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Added on
April 06, 2026
About this 6-K
Silicom Ltd filed this 6-K on October 12, 2021.
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 October 2021
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.
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Form 20-F ☒ Form 40-F ☐
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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 October 12, 2021, the Registrant issued a press
release: “Silicom Announces Major New Design Win:Networking Equipment Giant Chooses Silicom’sSD-WAN Smart Platform”.
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: October 12, 2021
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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
Silicom Announces Major New Design Win:
Networking Equipment Giant Chooses Silicom’s
SD-WAN Smart Platform
KFAR SAVA, Israel – October 12,
2021, - Silicom Ltd. (NASDAQ: SILC), a leading provider of networking and data infrastructure solutions, today announced that one of the world’s largest networking equipment providers has selected Silicom’s SD-WAN Smart Platform for its advanced next-generation branded solution. To date, the client has already placed initial significant purchase orders, with plans to begin ramping quantities in 2022 to a level that will make it one of Silicom’s largest customers.
The design win came after several of the client’s end-users selected and successfully deployed Silicom solutions as the hardware platform for decoupled/disaggregated networks based on the client’s
software solution. After seeing how well the Silicom offerings performed and evaluating their unique features, the client made the strategic decision to adopt customized models under its own brand name to use in its newest end-to-end SD-WAN
offerings.
“This is a major, major win for Silicom that we believe will become a strong growth driver following the initial ramp up period,” commented Shaike Orbach, Silicom’s CEO. “Our growth in the SD-WAN
space, which began with branded solutions and then moved to the decoupled and disaggregated market, has now come full circle, with our leadership in that space leading this giant to select our solutions for its branded networks.”
Mr. Orbach continued, “In fact, as the SD-WAN market continues to grow and develop, we find ourselves securing more and more design wins, confirming the value that SD-WAN networks of all
architectures – traditional as well as decoupled/disaggregated – gain from the flexibility, control and networking power we provide. As this space moves into the mainstream, we expect many of these design wins to ramp up during 2022 and beyond.”
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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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