Source: BUSINESS WIRE

Press Release: ADI Engineering : Silicom Completes Acquisition of ADI Engineering

KFAR SAVA, Israel--(BUSINESS WIRE)--Regulatory News: Silicom Ltd. (NASDAQ:SILC) (TASE:SILC) today announced that it has completed its previously-announced acquisition of ADI Engineering, a privately-held, US-based provider of high performance, high-quality, first-to-market Intel-based products targeted at the SDN, NFV, IoT, Cloud Computing and Virtualization trends. Upon closing, Silicom paid ADI's stockholders $10 million in cash, and will make additional payments in the future subject to the

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Est. Annual Revenue
$25-100M
Est. Employees
25-100
Steve Yates's photo - Founder & CEO of ADI Engineering

Founder & CEO

Steve Yates

CEO Approval Rating

70/100

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