March 25, 2014
by The Mug
Mountain View, California-based CEVA, Inc. thrives in the industry of semiconductor intellectual property. The company’s research and development facility is located in Herzliya, Israel and one in Ireland. It also has sales offices located throughout the United States, in Asia and in Europe. The business is in the creation and development of advanced technologies to be installed in wireless communications and multimedia chips.
The company’s products and services are utilized in the digital, mobile and home and networking markets. Its customer base is dotted with some of the world’s leading and biggest semiconductor companies. These businesses also include some names from the electronics industry. They incorporate CEVA’s IP to their application-specific standard products and application-specific integrated circuits which in turn they market and sell to leading brand names of electronic goods.
With a share of 90% in the DSP IP market in 2012, the company was reported as the largest licensor of DSP Technology in the world as reported by the Linley Group. Its vast portfolio includes Serial ATA, Serial Attached SCSI (SAS), comprehensive technologies for communications and connectivity, computer vision, advanced audio and voice processing and computational photography. To date, there are more than five billion CEVA-powered chips that have been sent out from various facilities to reach diverse end markets.
There are more than 330 licensing agreements and 220 licensees to date and these licensees have shipped more than one billion products powered by CEVA in 2013 alone. Among the businesses it has partnered with are Broadcom, Beken, DSP Group, Novatek, Nufront, Renesas, STMicroelectronics, VIA Technologies, Yamaha, ZTE, VIA Telecom, LG Electronics, Intel, Fujitsu, Samsung, Sharp, Sony, Toshiba, Rockchip and Actions.
With an annualized revenue of more than $60.24 million, the business continues to be publicly traded on the NASDAQ under the symbol CEVA. The company is also known as a component of the Russell 2000 Index.