Siverge Partners With IBM on Powerful Processor

siverge.gifIBM is certainly taking advantage of the lightspeed innovation happening in the Israeli tech world. Herziliya-based Siverge Networks has told EETimes that it is collaborating with IBM on the development and production   of a convergence processor, codenamed Griffin. The chip will be available in the second half of this year, and will be sold to companies such as Alcatel-Lucent, Nokia-Siemens, Ericsson and ZTE.

Siverge, which was founded in 2005 and has 50 employees, “will use IBM development tools and subcomponent libraries in the design of the dedicated ASIC chip that is claimed to support a large number of telecom interfaces, various communications speeds and a wide range of networking protocols.”

Siverge’s core technology and architecture, according to its website, “enables OEMs to build converged packet-based communications systems for next generation networks that also support TDM services. This allows the design of multi-service, multi-rate and multi-interface line cards utilizing Siverge’s true one-chip universal gateway solution. Carriers can deploy a single platform for new packet based networks while supporting traditional services, revolutionizing the economics of carrier networks.”

According to Yuval Berger, CEO of Siverge: “In the next few years we see two main needs in the networking space. One is the need for much larger bandwidth, driven primary by the extensive use of video of all kinds. In practice, the ability of service providers to tackle this is very limited, since the costs of upgrading the networks are very high. As a result of that, bandwidth extensions are limited and incremental.

“The second problem is the need to converge different protocols across the networking generations while achieving true multi-service capabilities. Our chip is set to be the first processor that will solve both of the problems without compromising performance, which will be about 10 times higher than available chips.”

In January, Siverge raised $12 million in its first round of financing through Evergreen Venture Partners and Cedar Fund. The financing round marked Evergreen’s 100th venture investment.

Advertisements

One Response

  1. […] is snatching up Israeli startups left and right–  It recently acquired XIV, partnered with Siverge and is keeping its eye on the mysterious Ctrue.  From […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: