Ceva, Inc. Celebrates Milestone




(Mountain View, CA) The leading innovator, or brains, of the more power efficient intelligent devices arrives at a historical milestone.  Ceva, Inc. is the aforementioned innovator, additionally; it is also a leading manufacturer of internet connected technology for end market products.  Recently, Ceva announced that 10 billion devices are now powered by Ceva’s proprietary technology.  Furthermore, this computer technology business will continue to stay, in front of the pack.  The previously said; is due to the fact that, it has opened a R&D center in Bristol, United Kingdom.
The R&D center, or, research and development facility; is intended to provide Ceva with accessibility.  Specifically Ceva, Inc. (NASDAQ:  CEVA) wants access to the first-class and world-class engineering that, Bristol United Kingdom, has to offer.  The hope is that, it will be able to further strengthen its R&D capabilities.  The potential to expedite the development of new digital signal processing and AI products, is also hoped for.  The R&D center is located in the Aztec West Business Park.  The latter is an area, which is the home to many semiconductor and technology companies.  It is said that; these UK based semiconductor and technology companies are currently focusing on artificial intelligence, communications, robotics and autonomous driving.  Initially, Ceva has employed design and verification engineers.  Gideon Wertheizer is the C.E.O. of the Ceva, Inc.  Through a press statement, Mr. Wertheizer said the following.  “We are very pleased to announce this expansion of our R&D efforts with the opening of this new design center.  Bristol has one of the strongest talent bases in the U.K. for digital signal processing, with many highly-skilled and experienced engineers.  This new team will allow us to better address the growing demand for our portfolio of leading-edge signal processing IPs and reinforces our position as the world’s leading licensor of IP for intelligent, connected devices.”
For the 10 billion devices milestone, which Ceva, Inc. has accomplished.  The leadership of Ceva, commemorated the previously said by, ringing the opening bell at the NASDAQ Stock Exchange.  This occurred on January 14th, 2019.  After ringing the opening bell, Ceva held its first investor and analyst day.  Additionally, the investor and analyst day was held at the NASDAQ Market Site in New York City.  Ceva began the journey that, would eventually arrive at the 10 billion devices milestone, from its “early days.”  The early days according to Ceva can best be characterized by; DSP processing in 2G handsets, DVD players, hard disk drives and audio players.  Today, Ceva is preoccupied with the “new days.”  The new days can best be characterized by; 5G RAN, backhaul, user equipment, computer vision, AI drones, smart telephones, surveillance cameras, automotive image sensors, action cameras, mirror-less cameras, audio assistants, wireless speakers, automotive electronics, consumer electronics, Bluetooth, WiFi, NB-IoT, Cat-M connectivity, wearable devices and thousands of other types of devices.  Lastly, some of the manufacturers or brands that helped to contribute to the 10 billion devices milestone, include the following.  Alibaba, Amazon, Apple, Canon, China Mobile, Dell, DJI, Fujifilm, Google, Go Pro, Hikvision, HP, Huawei, JD.com, LG, Logitech, Meizu, Microsoft, Nest, Nikon, Nokia, Panasonic, Reliance Jio, Samsung, Siemens, Sony, Tom Tom, Toshiba, Xiaomi, Vivo and ZTE; are examples of the previously noted. 
To end, Gideon Wertheizer concluded his press statement by stating the following.  “On behalf of the CEVA Board of Directors and leadership team, I am extremely proud of reaching this monumental milestone of having helped our customers ship more than 10 billion devices incorporating CEVA IP.  Having started out as a small business unit spinout from a semiconductor company, to becoming a global leader in technology IP for 5G, AI, computer vision, sound and connectivity, it has truly been a remarkable journey.  Each and every one of our employees over the years has contributed to this achievement and we are appreciative of the hard work and dedication they all have put in at CEVA.  We are excited to celebrate today by ringing the Nasdaq Opening Bell and look forward to seeing how the next 10 billion CEVA-powered devices will help shape the increasingly smart and connected world.”  As previously stated, Ceva, Inc. announced that 10 billion devices are now powered by its proprietary technology.  Furthermore, in an effort to stay in front of the pack, it has opened a R&D center.  The R&D center is located in Bristol, United Kingdom.

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Written from Press Release
Registered Writer at
PR Newswire Association LLC
01/19/2019




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