CEVA + Riviera Waves = Complete WiFi and BlueTooth Solution

By SemiWiki

July 11, 2014

Thanks to the recent acquisition of Riviera Waves, CEVA is expanding from Digital only DSP IP, to supporting complete solution (Digital + mixed-signal) for both WiFi and Bluetooth functions. Such a move is already a very good market positioning, as customers prefer buying to a single source the digital and the mixed-signal part of the same function, WiFi or Bluetooth. We think this acquisition will strongly help CEVA to attack new market segments where connectivity through a wireless interface is key: Smart Home, Internet of Things, Wearable or Medical applications. The acquisition of Riviera Waves by CEVA for $19M (including certain performance and other milestones as well as a two years retention plan for current RW employees) is, at first, a success for a 29 employees company founded in 2010, reaching $3.6M revenue and break-even in 2013. Let’s take a look at Riviera Waves IP port-folio, and how it completes the offer from CEVA.

To read the full article, click here