/PRNewswire/ CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and integrated IP solutions, today.
/PRNewswire/ CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and integrated IP solutions, today.
CEVA to acquire chip design specialist CEVA, a licensor of wireless connectivity and smart sensing technologies, has agreed to acquire Massachusetts-based Intrinsix, a chip design specialist, for $33 million.
Intrinsixâs broad chip design capabilities and IP, when combined with CEVAâs wireless connectivity and smart sensing IP, will provide a unique full turnkey IP platform that will help to lower entry barriers for OEMs, IT companies and Tier 1s considering the development of their own advanced chips in market verticals such as 5G infrastructure, automotive, aerospace & defense, medical, robotics and Industrial IoT (IIOT).
Intrinsix provides complex System-on-Chip (SoC) design expertise in the areas of RF, mixed signal, digital, software, secure processors and interface IP for Heterogenous SoCs (HSoCs), otherwise referred to as chiplets. With more than 1,500 successful designs with a customer base that includes blue chip names such as Intel, IBM