CEVA, Inc. operates as a licensor of signal processing intellectual property (IP). The company partners with semiconductor companies and original equipment manufacturers (OEMs) worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet of Things (IoT). The company’s ultra-low-power IPs for vision, audio, communications and connectivity include digital signal processor (DSP)-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and machine-to-machine devices, computer vision and computational photography for any camera-enabled devices, as well as audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For connectivity, the company offers the IPs for Bluetooth (Smart and Smart Ready), Wi-Fi (802.11 b/g/n/ac up to 4x4) and serial storage (serial ATA (SATA) and serial attached SCSI (SAS)). Products CEVA DSP Cores and Platforms The company markets a family of synthesizable, programmable DSP cores, each delivering a different balance of performance, power dissipation and cost, thereby allowing customers to select a DSP core suited for their target application. The company’s DSP cores are families of architectures, each primarily software compatible, meaning that software from one core within the same architecture could be applied to another core, which reduces investment in code development, tools and design engineer training. The company delivers its DSP cores in the form of a hardware description language definition (known as a soft core or a synthesizable core). All CEVA DSP cores could be manufactured on any process using any physical library, and all are accompanied by a complete set of tools and an integrated development environment. A third-party network supports CEVA DSP cores with a range of complementing software and platforms. In addition, the company provides development platforms, software development kits and software debug tools, which facilitate system design, debug and software development. The company’s family of DSP-based platforms is targeted for baseband processing within cellular handsets, machine to machine type devices and base stations, wired communications, imaging and computer vision, and audio, voice and sensing. CEVA Connectivity IPs The company, through its acquisition of RivieraWaves, a major licensor of Wi-Fi and Bluetooth connectivity IP, expands further into the Wi-Fi and Bluetooth smart connectivity markets. The company also offers platform solutions for serial storage technology, addressing both consumer and enterprise uses (SATA and SAS). Customers Actions, Atmel, Beken, Broadcom, Celeno, Dialog Semiconductor, DSP Group, FujiFilm, Fujitsu, Intel, Leadcore, LG Electronics, Mediatek, MegaChips, Novatek, NXP, Panasonic, Renesas, Rockchip, Rohm, Samsung, Sharp, Sigma, Silver Spring Networks, Sony, Spreadtrum, STMicroelectronics, Toshiba, VIA Technologies, Yamaha, and ZTE all leverage the company’s signal processing IP. Sales to Spreadtrum represented 31% of the company’s total revenues for 2015. In 2015, the company signed 47 new licensing deals, of which 21 were with first time new customers and 43 were for non-handset baseband applications. Sales and Marketing The company licenses its technology through a direct sales force. As of December 31, 2015, the company had 34 employees in sales and marketing. The company has sales offices and representation in the Asia Pacific (APAC) region, Sweden, Israel, France, and the United States. Strategy The company’s strategy is to continue to develop and improve its range of DSP cores with additional features, performance and capabilities; continue to develop and invest in its connectivity IPs, providing the newest standards and the most complete offerings to address its customers’ needs; continue to develop and improve its range of complete and highly integrated platform solutions to deliver to its licensing partners a complete and verified system solution; continue to develop an ecosystem of third party partners developing software and solu
ceva inc (CEVA:NASDAQ GS)
1174 Castro Street
Mountain View, CA 94040
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