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ENET Ethernity Networks Ltd

0.725
0.05 (7.41%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  0.05 7.41% 0.725 0.70 0.75 0.85 0.625 0.85 21,537,049 15:22:31
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Equip, Nec 2.94M -8M -0.0212 -0.34 2.72M

Ethernity Networks Successfully Completes Delivery of Its ACE-NIC100 for Major Korean OEM

16/01/2019 1:00pm

PR Newswire (US)


Ethernity Networks (LSE:ENET)
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LOD, Israel, Jan. 16, 2019 /PRNewswire/ -- Ethernity Networks (AIM: ENET.L), a leading innovator of software-defined network processing and security solutions on programmable hardware, today announces it has successfully completed delivery of its 100Gbps ACE-NIC100 FPGA SmartNIC to a major Korean OEM. 

The ACE-NIC100 will be incorporated into commercial off-the-shelf (COTS) servers that come with fewer CPU cores compared to regular data centre servers, resulting in significant power and cost reduction. The combination of the powerful ACE-NIC100 with edge-optimised COTS servers deliver a high-performance yet affordable and energy efficient platform, ideal for network edge virtualisation.  

"Our Korean customer's investment in building an edge solution based on the ACE-NIC100 shows recognition of Ethernity's leadership as a provider of networking and security processing software and firmware technology in the field of FPGA SmartNICs," said David Levi, CEO at Ethernity Networks. "This is further proof and support of our position that FPGA-based technologies are the ideal platform for data path networking acceleration."

The contract between Ethernity and the Korean OEM specified the final delivery of a customized solution on FPGA, embedding Ethernity's rich networking features including hierarchical QoS, flow classification, protocol offloading, and routing, with scheduled end-of-year acceptance by the customer.

Leveraging Ethernity's successful experience with multiple customers of its first-generation ACE-NIC40 SmartNIC, the next-generation ACE-NIC100 is scheduled for further delivery this year to additional partners and OEMs. This is aligned with the company's strategy of transitioning from selling technology to offering complete products and solutions.

For more information on the ACE-NIC100, please meet us at the IMA Pavilion in Hall 2 of the Mobile World Congress 2019 in Barcelona, February 25-28.

About Ethernity Networks
Ethernity Networks (AIM: ENET.L) provides innovative software-defined networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ported onto any FPGA, Ethernity's software offers complete data layer processing with a rich set of networking features, robust security, and a wide range of virtual functions to optimize your network. Our ACE-NIC smart network adapters, ENET SoCs, and turnkey network appliances offer best-in-class all-programmable platforms for the telecom, cloud service provider, and enterprise markets. We offer our customers complete solutions that quickly adapt to their changing needs, improving time-to-market and facilitating the deployment of edge computing, 5G, IoT, and NFV.

Media Contact

Kevin Tanzillo
Email: media@ethernitynet.com 
Tel: +1-903-865-1078

Cision View original content:http://www.prnewswire.com/news-releases/ethernity-networks-successfully-completes-delivery-of-its-ace-nic100-for-major-korean-oem-300779273.html

SOURCE Ethernity Networks

Copyright 2019 PR Newswire

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