Ethernity Networks Ltd (ENET)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

0.87p
   
  • Change Today:
    -0.033p
  • 52 Week High: 6.25
  • 52 Week Low: 0.25
  • Currency: UK Pounds
  • Shares Issued: 377.64m
  • Volume: 2,464,441
  • Market Cap: £3.27m
  • RiskGrade: 393

Ethernity Networks technology chosen by China telecoms equipment maker FiberHome

By Josh White

Date: Tuesday 18 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Networking and security solutions provider Ethernity Networks announced on Tuesday that its 'ACE-NIC100 FPGA SmartNIC' product has been selected for implementation within the 'FitBNG' - the latest broadband network gateway (BNG) product being produced by China-based networking and telecommunications equipment provider FiberHome Telecommunication Technologies.
The AIM-traded firm said the accelerated platform would integrate FiberHome's BNG software and Ethernity's SmartNIC hardware using standard data plane development kit (DPDK) to fully offload up to 80Gbps of data processing to the ACE-NIC100's onboard FPGA.

That would minimize CPU intervention, saving CPU cycles and "significantly reducing" CPU power and cost, the Ethernity board explained in its statement.

Additionally, the ACE-NIC100 would support "tens of thousands" of subscribers with point-to-point protocol over ethernet (PPPoE) termination, performance monitoring counters per subscriber, and hierarchical quality of service (H-QoS), which the company said was "impractical" for implementation in software-only BNG.

The resulting product would be promoted to FiberHome's core Chinese telecom operator clients, including China Unicom, China Telecom and others, which served tens of millions of households.

"We have been working closely with Ethernity for months to develop a solution that includes the performance and features that best fit our needs," said FiberHome's Wang Ye.

"Ethernity's ACE-NIC100, with its high throughput and offloading capabilities, is an ideal fit for our FitBNG solution architecture, and by reducing the required CPU cores, we have improved our cost efficiency as well.

"It's a very powerful enabler for FiberHome."

David Levi, chief executive officer of Ethernity Networks, added that the company was "thrilled" that FiberHome chose its SmartNIC to accelerate the new FitBNG.

"With FiberHome's powerful software and Ethernity's FPGA-based hardware, the product will provide high performance and reduced cost through hardware acceleration, making it especially attractive to Chinese service providers."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ENET Market Data

Currency UK Pounds
Share Price 0.87p
Change Today -0.033p
% Change -3.70 %
52 Week High 6.25
52 Week Low 0.25
Volume 2,464,441
Shares Issued 377.64m
Market Cap £3.27m
RiskGrade 393

ENET Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
58.37% above the market average58.37% above the market average58.37% above the market average58.37% above the market average58.37% above the market average
41.67% above the sector average41.67% above the sector average41.67% above the sector average41.67% above the sector average41.67% above the sector average
Price Trend
97.81% below the market average97.81% below the market average97.81% below the market average97.81% below the market average97.81% below the market average
92% below the sector average92% below the sector average92% below the sector average92% below the sector average92% below the sector average
Income Not Available
Growth
19.83% above the market average19.83% above the market average19.83% above the market average19.83% above the market average19.83% above the market average
28% below the sector average28% below the sector average28% below the sector average28% below the sector average28% below the sector average

ENET Dividends

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Trades for 03-May-2024

Time Volume / Share Price
14:01 112 @ 0.90p
13:44 15,500 @ 0.85p
13:44 197,793 @ 0.86p
13:16 23,396 @ 0.86p
12:16 105 @ 0.95p

ENET Key Personnel

CEO David Levi
CFO Ayala Deutsch

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