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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ethernity Networks Ltd | LSE:ENET | London | Ordinary Share | IL0011410359 | ORD NIS0.001 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.075 | -8.57% | 0.80 | 0.75 | 0.85 | 0.875 | 0.80 | 0.875 | 7,187,169 | 09:02:21 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Communications Equip, Nec | 2.94M | -8M | -0.0212 | -0.38 | 3.02M |
TIDMENET
Ethernity Networks Ltd
13 November 2017
13 November 2017
Ethernity Networks (AIM: ENET.L)
("Ethernity " or the "Company")
Ethernity Networks joins the Intel(R) Network Builders program
Ethernity Networks ("Ethernity" or the "Company"), a technology solutions provider that develops network data processing technology used in high-end Carrier Ethernet applications across the telecom, mobile, security and data centre markets, today announces that it has joined the Intel(R) Network Builders program. The program is an ecosystem of leading technology solution providers working together to accelerate the adoption of network functions virtualization (NFV) and software defined networking (SDN)-based solutions in telecommunications networks and public, private enterprise, and hybrid clouds. The program focuses on building and simplifying software-defined network infrastructure, enhancing security, and improving efficiency in networking, computing and storage.
David Levi, CEO of Ethernity commented, "Ethernity's involvement in the program is a great endorsement of our technology and its capability and we are proud to be part of it. The collaboration is fundamental in bringing innovative SDN and NFV capabilities to market more quickly, enabling operators to effectively advance and upgrade network or infrastructure demands and security requirements."
Ethernity's solution offers offloading for both Virtual Network Functions (VNFs) and overlay infrastructure, all on a single low-cost FPGA device with its patented flow processing engine. It improves efficiency and accelerates data processing in the provision of data and network services, thereby reducing power consumption and reducing the costs of maintaining network infrastructure by giving hardware systems the ability to add future-proof data processing functionality.
"We welcome our collaboration with the Intel Network Builders program as we work alongside a range of leading technology solution providers to help operators recognise the advantage of NFV."
For more information on the Intel Network Builders program visit: http://networkbuilders.intel.com/
Ethernity Networks Tel: +972 8915 0392 David Levi, Chief Executive Officer Mark Reichenberg, Chief Financial Officer Arden Partners plc (NOMAD Tel: +44 207 614 5900 and Broker) Steve Douglas / Benjamin Cryer Yellow Jersey Tel: +44 7747 788 221 Charles Goodwin / Julia Kalcheva / Joseph Burgess / Katie Bairsto
Notes to Editors
Ethernity Networks is a technology solutions provider that develops and delivers network data processing technology used in high-end carrier ethernet applications across the telecom, mobile, security and data centre markets. The Company's core technology, which is populated on programmable logic enables data offloading at the pace of software development, improves performance and reduces power consumption and latency, therefore facilitating the deployment of virtualisation of networking functionality.
This information is provided by RNS
The company news service from the London Stock Exchange
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November 13, 2017 02:00 ET (07:00 GMT)
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