Silicom Ltd 6-K, filed Aug 3, 2022
Silicom Ltd. (SILC)
6-K
2022-08-03
For: 2022-08-03
View Original
Added on
April 06, 2026
About this 6-K
Silicom Ltd filed this 6-K on August 3, 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 August 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 August 3, 2022, the Registrant issued a press release: “Silicom receives ~$3M Edge product order from fast-growing SASE company”.
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: August 3, 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
Silicom Receives ~$3M Edge
Product Order
from Fast-Growing SASE Company
from Fast-Growing SASE Company
KFAR SAVA, Israel – August 3, 2022 -
Silicom Ltd. (NASDAQ: SILC), a
leading provider of networking and data infrastructure solutions, today announced that it has secured an initial ~$3 million order from a US-based provider of cloud-based SASE (Secure Access Service Edge) solutions. This fast-growing client will
use Silicom’s Edge platforms with minor customizations to provide both wired and wireless connectivity to its end-customers.
While the customer requested immediate delivery of the full order, the actual delivery schedule will be extended over the next
quarters due to global shortages in needed components.
“The fact that this cloud cybersecurity leader has chosen our Edge products confirms their value for multiple markets – well beyond
SD-WAN alone, our first target market for this innovative technology,” commented Liron Eizenman, Silicom’s CEO.
“Our Edge products offer the exact functionality, features and cost that telcos, service providers, appliance vendors and cloud
players need for their next-generation systems and applications: precise compute capabilities with the best cost/performance ratio, efficient networking, wired and/or wireless connectivity, optimized heat dissipation and power consumption, a
minimal number of moving parts (or none altogether), easy installation, minimum maintenance, and more. This, coupled with our ability to deliver rapid customization, onboarding and ramp-up support, positions us ideally for SASE and the other
markets that use Edge platforms, as demonstrated by the large and growing pipeline that we have built from a variety of significant Design Wins and opportunities.”
Mr. Eizenman concluded, “As such, we now see that the total addressable market for our Edge products is much larger than we initially
planned, and expect them to contribute significantly to our future growth.”
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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
EK Global Investor Relations
Tel: +1 212 378 8040
E-mail: silicom@ekgir.com
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