Ethernity Networks

Ethernity Networks Ltd. is a technology solutions provider founded in 2003 by David Levi and Baruch Shavit, headquartered in Airport City, Israel. The company, formerly known as Neracore Ltd., develops and supplies data processing technology for applications in the telecommunications, mobile, security, and data center markets across Asia, Europe, Israel, and the United States. Ethernity's business model involves providing proprietary software, hardware, and integrated network appliances to networking OEMs and aerospace and defense solutions integrators. Revenue is generated through multiple streams, including IP licensing, where customers pay a one-time NRE fee and subsequent royalties, and the sale of complete customized systems.

Ethernity's core offering revolves around its patented technology that enables extensive networking features within a minimal Field-Programmable Gate Array (FPGA) space. This technology is at the heart of their product lines, which include ENET Flow Processors, ACE-NIC SmartNICs, and complete network appliances. The company's products are designed to offload and accelerate networking and security functions, which enhances performance and reduces CPU overhead for their clients. For instance, their ACE-NIC family of FPGA-based SmartNICs provides acceleration for virtual networking functions, switching, and routing. Ethernity also offers ENET Network Appliances, which are turnkey solutions combining their software and hardware into a white box for various networking challenges. A key part of their strategy includes a path for customers to convert from FPGA to lower-cost Application-Specific Integrated Circuits (ASIC) when production volumes increase, potentially reducing product costs by up to 50%. This positions them to serve clients like Raytheon, Honeywell, RAD, and Calix.

The company's solutions target the transformation in the telecom industry, focusing on network virtualization (SDN/NFV) and edge computing to meet the demand for faster, cost-efficient services. They address performance and latency issues inherent in pure software solutions by offloading the networking data plane to their FPGA-based hardware. Ethernity's offerings are applied in various use cases, including 5G infrastructure, broadband access, wireless backhaul, and avionics switches. For example, they are developing solutions for the 5G market, such as UPF Forwarding Offload and DU vRouter, and have secured contracts with Tier-1 aerospace firms. The company is also targeting the growing demand for high-capacity Carrier Ethernet Access switches, driven by increased cloud adoption and the rise of video conferencing and AI applications. In July 2025, the company announced it had shipped one million units of its Carrier Ethernet Switch and Traffic Manager engine IP to a long-term customer, signaling a shift from an IP licensing model to an ASSP (Application-Specific Standard Product) strategy. Keywords: data processing technology, FPGA, network function virtualization, NFV, telecommunications, SmartNIC, 5G solutions, system-on-chip, SoC, network appliances, data plane offload, Carrier Ethernet, wireless backhaul, broadband access, VNF acceleration, ASIC, semiconductor logic, edge computing, PON devices, network security, universal edge platform, data center solutions, ACE-NIC, ENET flow processor, telecom infrastructure