Leading research firm Gartner reports CEVA's share of the worldwide Digital Signal Processor design licensing market at 61%
SAN JOSE, Calif. - July 23, 2008 - CEVA, Inc. (NASDAQ: CEVA); (LSE: CVA), a leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores, today announced that it has been ranked by Gartner, Inc. as the worldwide leader in licensable DSP technology, commanding over 60% of the 2007 Digital Signal Processor licensing market. Gartner's report: Market Share: Semiconductor Intellectual Property, Worldwide, 2007(1), reports that CEVA's overall DSP licensing market share has grown 10% year on year, increasing CEVA's industry leadership over the competition.
CEVA believes that its strong performance reflects the Company's continued success in licensing DSP cores and subsystems to the industry's leading semiconductor and consumer electronics companies. Licensing DSPs for over a decade and spanning six generations of DSP cores, CEVA has concluded more than 250 licensing agreements to date. Today, CEVA's publicly announced customer base includes Broadcom, Infineon, InterDigital, Marvell, Mediatek, Mindspeed, NXP, RadioFrame Networks, Renesas, Samsung, Sharp, Sony, Spreadtrum and Zoran. In 2007, CEVA's customers shipped over 225 million CEVA-powered™ devices to the wireless handset, automotive, consumer electronics and storage markets.
"CEVA is pleased to be ranked by Gartner as the worldwide leader in licensable DSP technology," said Gideon Wertheizer, CEO of CEVA. "We believe our clear leadership is a testament to our relentless commitment to deliver the industry's most extensive portfolio of DSP cores and related technologies. Our strong customer base coupled with tier 1 OEM adoption of our technology allows us to extend our market reach and grow the business to applications where DSP IP has yet to be used."
1) Gartner, Inc. "Market Share: Semiconductor Intellectual Property, Worldwide, 2007" by Ganesh Ramamoorthy and Christian Heidarson, May 15, 2008
About CEVA, Inc.
Headquartered in San Jose, Calif., CEVA is a leading licensor of silicon intellectual property (SIP) DSP Cores and platform solutions for the mobile handset, consumer electronics and storage markets. CEVA's IP portfolio includes comprehensive solutions for multimedia, audio, voice over packet (VoP), Bluetooth and Serial ATA (SATA), and a wide range of programmable DSP cores and subsystems with different price/performance metrics serving multiple markets. In 2007, CEVA's IP was shipped in over 225 million devices. For more information, visit http://www.ceva-dsp.com/