Company Overview

About Us

Ethernity Networks (AIM: ENET.L) is a leading innovator of network processing technology and products. Mounted on low-cost COTS FPGAs and with a rich set of networking features, Ethernity’s ACE-NIC smart network adapters, ENET SoCs, and network appliances offer best-in-class all-programmable platforms for the fixed and mobile telecom, enterprise security, and data center markets. Our complete offering, incorporating hardware, FPGA firmware, and software applications, enables full programmability at the pace of software development, quickly adapting to changing market demands and applications and facilitating the deployment of edge computing, 5G, and SDN/NFV.

Ethernity is headquartered in Israel and has sales offices in the United States and China.

The Market

Operators and telecom equipment manufacturers are finding it increasingly difficult to cope with evolving network requirements and the ever-growing volume of data generated, processed, consumed, and stored by end users of all types. While operators and telecom equipment manufacturers have relied on ASIC solutions from their traditional vendors, such solutions are often prohibitively expensive, have a relatively short lifespan, and require extended hardware design time to fabricate the specified networking features.

This issue is exacerbated by the need to support Software Defined Networking (SDN), which requires flexibility and most importantly programmability. To overcome limitations of existing infrastructure, operators have pushed toward Network Function Virtualization (NFV), which has enabled them to replace proprietary networking hardware solutions with software. However, pure software solutions become problematic both in terms of performance (especially latency) and economics of scale when there is such huge growth in users and data consumption. CPUs are quickly overloaded by networking functions, when they should be free to handle the compute functions for which they were designed.

Hardware-based acceleration, especially through FPGAs, reduces CPU load while still maintaining the exact same programmability and flexibility of software, and while supporting the vision of network virtualization. Ethernity’s fully programmable FPGA-based networking solutions improve network efficiency, security, and affordability.

The SDN market is estimated to reach US$70.41 billion by 2024, according to Grand View Research, Inc, and the global NFV market (including hardware and software) will be worth US$15 billion by 2020, with software comprising 80 per cent of that $15 billion, according to IHS Markit.

Meanwhile, the global FPGA market is expected to grow to over US$9.8 billion by 2023, according to Mordor Intelligence. Similarly, SmartNICs are expected to grow their share of the overall Network Interface Card market from 10% in 2017 to over 27% in 2021.