Ceva, Inc. (NASDAQ: CEVA), today announced a fresh new visual identity, logo design and web domain "ceva-ip.com," reflecting the company's commitment to being the partner of choice for transformative IP solutions that power the smart edge. It is Ceva's vision to become the leading provider of silicon and software IP for smart edge devices to connect, sense and infer data in more reliable and efficient ways.
A key focus of the company is to deliver an innovative IP portfolio that provides its customers with an opportunity to rapidly develop highly-integrated, cost-effective, low power Edge AI devices that improve the user experience through robust connectivity and cutting-edge artificial intelligence and sensing technologies that enable them to develop highly integrated, cost-effective, low power Edge AI devices.. There is no doubt that Ceva's smart edge IP portfolio has played a key role in driving growth in recent years, expanding the company's penetration into high growth markets such as consumer IoT, automotive, infrastructure, and industrial.. Parallel to this, Ceva continues to serve the mobile and PC markets, where it has maintained its market presence and continues to serve its customers
Parallel to this, Ceva continues to serve the mobile and PC markets, where it has maintained its market presence and continues to serve its customers
As a result of advances in highly efficient processing, sensing and connectivity, the number of electronic devices that collect and process data at the edge of a network has grown exponentially in recent years. A variety of these devices include smartphones, wearables, home automation and entertainment systems, cellular base stations, vehicles, industrial robots, drones, and many others with multiple sensors, and all of these devices require reliable connectivity in order to communicate with the cloud and other smart edge devices.. According to ABI research, shipments of wirelessly-connected devices will continue to grow at a CAGR of 8% from 2023-2028, exceeding 35 billion devices annually by 2028, and with more than 6 billion units shipped each year, by 2028.More than 5 billion of these devices are equipped with artificial intelligence and machine learning capabilities, which enable them to derive information from the data that they collect. The company is well positioned to continue to grow in this rapidly growing market as it has the most comprehensive wireless communications (5G-Advanced, Bluetooth, Wi-Fi, UWB and Zigbee), advanced audio, voice and sensing software, as well as scalable edge AI IP portfolios for integrating connectivity, sensing, and inference capabilities into a single platform.
The company is well positioned to continue to grow in this rapidly growing market as it has the most comprehensive wireless communications (5G-Advanced, Bluetooth, Wi-Fi, UWB and Zigbee), advanced audio, voice and sensing software, as well as scalable edge AI IP portfolios for integrating connectivity, sensing, and inference capabilities into a single platform.
The company has updated its logo, visual identity, and web domain in response to the company's vision of a smarter, safer, and more interconnected future powered by Ceva. Ceva has changed its URL to ceva-ip.com, indicating the company's commitment to providing a broad portfolio of IPs for smart edge devices, as well as its leadership position in the markets it serves.
Ceva's CEO, Amir Panush, elaborated on this phenomenon: "The convergence of localized, on-device intelligence and ubiquitous connectivity is transforming the landscape of almost every market we operate in today.. In the past few months, we have been refining our company strategy, strengthening key parts of our product portfolio, and optimizing our R&D efforts to focus on high-growth opportunities that leverage our strengths in order to drive profitability.. Our mission is to provide cutting-edge and distinctive technologies that enable our customers to address their most complex requirements in the process of building low-power, connected, AI-enabled devices that seamlessly interpret and enhance the way we work, play, learn, protect, and care for each other.. As a result of our proven capabilities in the area of inference processing and multi-modal sensing, coupled with our unrivalled industry leadership in the area of wireless communications IP, we put ourselves in an ideal position to expand our penetration and capitalize on this substantial market opportunity.
As a result of our proven capabilities in the area of inference processing and multi-modal sensing, coupled with our unrivalled industry leadership in the area of wireless communications IP, we put ourselves in an ideal position to expand our penetration and capitalize on this substantial market opportunity.
Ceva, Inc. - About Us.In Ceva, we are passionate about bringing new levels of innovation to the smart edge of technology. The wireless communications, sensing, and Edge AI technologies that we offer are at the core of some of the most advanced smart edge products on the market today. Whether it's Bluetooth connectivity, Wi-Fi, UWB and 5G platform IP, which enable ubiquitous, robust communications, or our scalable Edge AI NPU IPs, sensor fusion processors, and embedded application software that help devices become smarter, we have the broadest portfolio of IP that can help you connect, sense and infer data more reliably and efficiently.. Our innovative solutions combine outstanding performance with ultra-low power consumption in a very small silicon footprint with outstanding performance at ultra-low power consumption. Our goal is simple - to deliver the silicon and software IP necessary to enable a world that is smarter, safer, and more connected. Ceva's philosophy is in practice today. In fact, Ceva powers more than 17 billion of the world's most innovative smart edge products, from AI-infused smartwatches, IoT devices and wearables to autonomous vehicles and 5G mobile networks.
Ceva's philosophy is in practice today. In fact, Ceva powers more than 17 billion of the world's most innovative smart edge products, from AI-infused smartwatches, IoT devices and wearables to autonomous vehicles and 5G mobile networks.
It is our mission to serve our global customer base through operations worldwide from our headquarters in Rockville, Maryland. Our employees are among the leading experts in their areas of specialty, consistently solving the most complex design challenges, enabling our customers to bring innovative smart edge products to market by consistently solving the most complex design challenges.
Powering the Smart EdgeTM with Ceva
Our website can be found at www.ceva-ip.com and you can follow us on LinkedIn, X, YouTube, Facebook, and Instagram.
This press release contains forward-looking statements that contain risks and uncertainties, in addition to assumptions that may prove incorrect if they materialize or prove incorrect. If such assumptions materialize or prove incorrect, Ceva's results may differ materially from those expressed or implied by such forward-looking statements and assumptions.. In addition to statements about Ceva's goals and strategies for the future, forward-looking statements include statements regarding Ceva's focus on delivering an innovative IP portfolio, the benefits Ceva's portfolio provides to customers, industry research on the growth in wirelessly-connected device shipments, and Ceva's position for further growth and capitalization on market opportunities.. The risks, uncertainties and assumptions that could cause differing Ceva results include: the effect of intense industry competition; the ability of Ceva's technologies and products incorporating Ceva's technologies to achieve market acceptance; Ceva's ability to meet changing needs of end-users and evolving market demands; the cyclical nature of and general economic conditions in the semiconductor industry; Ceva's ability to diversify its royalty streams and license revenues; Ceva's ability to continue to generate significant revenues from the handset baseband market and to penetrate new markets; instability and disruptions related to the ongoing Israel-Gaza conflict; and general market conditions and other risks relating to Ceva's business, including, but not limited to, those that are described from time to time in our SEC filings. There is no obligation on Ceva's part to update any forward-looking statements or information, which speak as of the date on which they were made
There is no obligation on Ceva's part to update any forward-looking statements or information, which speak as of the date on which they were made
The source of this information is Ceva, Inc.
Founded in 1984, CEVA, Inc. (NASDAQ: CEVA) is a leading provider of wireless connectivity and smart sensing technologies that have enabled over 16 billion devices to communicate wirelessly...
The company is the leading licensor of wireless connectivity and smart sensing technologies that have been used in more than 16 billion devices worldwide.
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