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Ethernity Networks pivots to licensing and revenue-sharing strategy for its technology

Last updated: 13:04 13 Mar 2024 GMT, First published: 14:35 17 Sep 2023 BST

Snapshot

  • Ethernity Networks chair to extend term
  • Ethernity Networks says US government's BEAD programme presents big opportunities
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About the company

Ethernity Networks Ltd is a leading provider of networking and security software solutions on Field Programmable Gate Arrays (FPGAs), incorporated into SoCs, SmartNICs and network appliances.

The company was founded in 2004 and has its technology deployed in over 700,000 systems worldwide, connecting over 100 million end users.

The company's global headquarters is in Airport City, Israel.

How it is doing

08 Mar 2024

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) has announced that Joseph (Yosi) Albagli will extend his time as chair, following the conclusion of his initial three-year term.

His continuation in the role will require ratification and administration, as board and remuneration committee approval will be needed. First, the company is required to conclude the appointment of new external board appointments (previously announced and due to join on 9 April).

Shareholder ratification will come at a shareholder meeting. In the meantime, Albagli continues in the role on an interim basis.

01 Mar 2024

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) has announced the appointment of Aviva Banczewski and Julie Kunstler as independent non-executive directors.

The company, in a statement, also noted option grants to certain directors and employees, along with the scheduled extraordinary general meeting (EGM), to take place on 9 April, to confirm the appointments.

14 Feb 2024

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) has announced the appointment of Ayala Deutsch as the company’s new chief financial officer.

Deutsche has been managing the firm’s chief financial officer duties since August after joining Ethernity in 2019 as vice president of finance, the data processing semiconductor technology supplier said on Wednesday.

What management says

13 Mar 2024

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) Vice President of Marketing and Business Development Ilan Tevet joins Proactive's Stephen Gunnion with more details of the US government's Broadband Equity, Access, and Deployment (BEAD) Program under President Biden, aimed at enhancing broadband accessibility in rural areas with insufficient internet connectivity.

Tevet said initiatives like the Rural Digital Opportunity Fund and its subsequent expansion to a $42 billion program reflect a concerted effort to improve digital inclusion, economic participation, and educational opportunities through enhanced broadband infrastructure.

Following Ethernity's participation in WISPA America, Tevet also discussed the evolution of the wireless ISP market in America, particularly in rural regions, transitioning from reliance on fixed wireless technologies to a hybrid approach incorporating wireline solutions.

Ethernity Networks says US government's BEAD programme presents big...

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) Vice President of Marketing and Business Development Ilan Tevet joins Proactive's Stephen Gunnion with more details of the US government's Broadband Equity, Access, and Deployment (BEAD) Program under President Biden, aimed at enhancing broadband...

5 days, 18 hours ago