Sivers and Nisko sign partnership deal
Sivers Semiconductors has signed an agreement with Nisko Projects, to expand sales presence for its Wireless business unit in Israel.
Nisko Projects is a subsidiary of the Nisko Ardan Group and acts as a distribution, representation and integration company within the Israeli market.
"This strategic partnership with Nisko marks an important step in strengthening our presence in Israel, a market known for its innovation and technological leadership," said Vickram Vathulya, CEO of Sivers Semiconductors. "With Nisko's deep market expertise and strong customer relationships, we are well-positioned to accelerate growth and deliver value across the wireless market."
Israel is a strategic market for millimeter-wave chip technology. The satellite communications market in Israel, for instance, is projected to reach $500 million in 2025 and grow to $630 million by 2030.
"We are proud to partner with Sivers Semiconductors to bring their industry-leading wireless solutions to the Israeli market," said Efi Sagi Founder and CEO at Nisko Group. "Sivers’ advanced mmWave and RF technology are well aligned with the growing demand for high-performance connectivity solutions in Israel. We are confident that this partnership will deliver significant value to our customers and strengthen Israel’s position as a global leader in wireless innovation."
"We are very excited to partner with Nisko to strengthen and expand our presence in Israel,” said Harish Krishnaswamy, managing director, Wireless Division at Sivers Semiconductors. “We see strong commercial opportunities across the SATCOM, defense, and 5G markets and look forward to addressing the demand for our solutions with a trusted partner who shares our commitment to technical excellence and customer satisfaction."
