 | |
| Company type | Public |
|---|---|
| Traded as | Nasdaq: Ceva S&P 600 component |
| Industry | Semiconductor integrated circuits |
| Founded | 2002; 22 years ago (2002) |
| Headquarters | Rockville, Maryland, United States |
| Key people | Amir Panush (CEO) |
| Products | Digital signal processor and deep learning processors |
| Revenue |  US$100.32 million (2020) |
| Operating income |  US$−0.76 million (2020) |
| Net income | US$−2.38 million (2020) |
| Total assets | US$306.95 million (2020) |
| Total equity | US$260.89 million (2020) |
| Number of employees | 404 (2020) |
| Website | www |
Ceva Inc. is a publicly traded semiconductor intellectual property (IP) company, headquartered in Rockville, Maryland and specializes in digital signal processor (DSP) technology. The company's main development facility is located in Herzliya, Israel and Sophia Antipolis, France.
History
Ceva Inc. was created in November 2002, through the combination of the DSP IP licensing division of DSP Group (based in Israel) and Parthus Technologies plc.
Parthus was originally named Silicon Systems Ltd, and founded in Dublin, Ireland, in 1993 by Brian Long and Peter McManamon, Parthus had its initial public offering in 2000, just as the dot-com bubble was bursting in May, 2000.
The agreement was announced in April, 2002.
The DSP Group had founded a US company originally called DSP Cores, Inc, and then Corage, Inc. in 2001.
The company used the name ParthusCeva for the combination, and planned to list its shared on Nasdaq with symbol PCVA and London Stock Exchange symbol PCV.
In December, 2003, the company dropped the "Parthus" from their name, and changed the sticker symbol to Ceva.
In 2007, it sold its stake in Dublin-based company GloNav to NXP Semiconductor for a gain of $10.9 million.
The company develops semiconductor intellectual property core technologies for multimedia and wireless communications. Ceva claimed the largest number of baseband processors in 2010, and a 90% DSP IP market share in 2011.
In July 2014 it acquired RivieraWaves SAS, a private company based in France.
A 2018 document promoting Israeli innovations mentioned the company.
In July 2019 it acquired the Hillcrest Labs sensor fusion business from InterDigital.
Also in July 2019, it entered into a strategic partnership with a Canadian company, Immervision to secure exclusive licensing rights for its patented image processing and sensor fusion technologies for wide-angle cameras.
On May 31, 2021, Ceva acquired Intrinsix, another semiconductor design company, for an estimated $33 million.
On September 20, 2023, Cadence acquired Intrinsix Corporation from Ceva.
In December 2023, Ceva launched a new brand identity reflecting its focus on smart edge IP innovation reflecting the company's commitment to being the partner of choice for transformative IP solutions that power the smart edge.
Technologies
Imaging and computer vision
Ceva develops technology for low-cost, low-power computational photography and computer vision. The company provides vision DSP cores, deep neural network toolkits, real-time software libraries, hardware accelerators, and algorithm developer ecosystems.
Deep learning
Ceva develops software for deep neural networks centered on the Ceva-XM computer vision and NeuPro AI cores.
NeuPro is Ceva's family of low-power artificial intelligence processors for deep learning. NeuPro processors are self-contained, specialized AI processors, scaling in performance for a broad range of end markets including IoT, smartphones, surveillance, automotive, robotics, medical, and industrial. This group of products offers high-performance configurations ranging from 2 Tera Ops Per Second (TOPS) for the entry-level processor and 12.5 TOPS for the most advanced configuration.
Wireless IoT
Wireless connectivity is often used in devices being created for the Internet of things (IoT). Ceva develops Wi-Fi, Bluetooth, ultra-wideband, and narrowband IoT integrated wireless IoT platforms for integration into a system on a chip (SoC).
See also
References
- "CEVA, Inc. Announces CEO Transition Plan".
- ^ "10-K 2020". United States Securities and Exchange Commission. Retrieved March 1, 2020.
- ^ "Dublin-based chip design company to take public listing". Irish Times. April 26, 2000. Retrieved September 13, 2021.
- "DSP Group, Parthus to merge IP licensing businesses in new company", Electronic Engineering Times, April 5, 2002
- "Parthus to merge with Israeli technology company". Irish Times. April 5, 2002. Retrieved September 13, 2021.
- "Form S-1 Registration Statement". US Securities and Exchange Commission. July 30, 2002. Retrieved September 13, 2021.
- "Parthus Ceva Becomes Ceva". Press release. November 24, 2003. Retrieved September 13, 2021.
- John Kennedy (May 1, 2008). "Ceva makes US$10.9m capital gain on GloNav sale". Silicon Republic. Retrieved September 13, 2021.
- Peter Clarke (January 31, 2011). "Ceva claims top spot for cell phone DSP". Electronic Engineering Times. Retrieved March 23, 2017.
- "Ceva Continues to Dominate DSP IP Market with 90% Market Share". Press release. May 14, 2012. Retrieved March 23, 2017.
- "Ceva Acquires RivieraWaves, Expands IP Offering with Connectivity for Smartphones, Tablets, Small Cells and the Internet of Things". Ceva Inc. July 8, 2014. Archived from the original on September 20, 2020.
- Israeli Innovations: Breakthrough Products that changed the world (PDF). Israel Innovation Authority. July 10, 2018. p. 73. Retrieved September 13, 2021. (in Hebrew with English translation)
- "Ceva Acquires Hillcrest Labs Intelligent Sensor Technologies Business from InterDigital". PR Newswire (Press release). Archived from the original on August 5, 2019.
- "Ceva and Immervision enter strategic partnership". Evertiq. Archived from the original on September 21, 2020.
- "Ceva to Acquire Intrinsix Corp., Expanding its Offering to Include Full Turnkey IP Platforms". Press release. May 10, 2021. Retrieved September 13, 2021./
- "Embedded Vision Alliance Members". embedded-vision.com. Retrieved September 11, 2019.
- "Ceva-XM6 | Ceva". ceva-ip.com. Retrieved October 4, 2019.
- Frumusanu, Andrei. "Ceva Announces NeuPro-S Second-Generation NN IP". anandtech.com. Retrieved November 6, 2019.
- "NeuPro Family of AI Processors". design-reuse-embedded.com. Retrieved November 6, 2019.