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Note 1 - Business
 9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Nature of Operations [Text Block]

NOTE 1:

BUSINESS

 

The financial information in this quarterly report includes the results of CEVA, Inc. and its subsidiaries (the “Company” or “CEVA”).

 

CEVA licenses a family of signal processing IPs in two types of categories: wireless connectivity and smart sensing products. These products include comprehensive DSP-based platforms for 5G baseband processing in mobile and infrastructure, advanced imaging and computer vision for any camera-enabled device and audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For sensor fusion, CEVA’s Hillcrest Labs sensor processing technologies and SensPro™ sensor hub DSP provide a broad range of sensor fusion processing, software and IMU solutions for AR/VR, robotics, remote controls, and IoT. For artificial intelligence, CEVA offers a family of AI processors capable of handling the complete gamut of neural network workload and on-device. For wireless IoT, CEVA offers the industry’s most widely adopted IPs for Bluetooth (low energy and dual mode), Wi-Fi 4/5/6 (802.11n/ac/ax) and NB-IoT.

 

CEVA’s technologies are licensed to leading semiconductor and original equipment manufacturer (OEM) companies. These companies design, manufacture, market and sell application-specific integrated circuits (“ASICs”) and application-specific standard products (“ASSPs”) based on CEVA’s technology to wireless, consumer electronics and automotive companies for incorporation into a wide variety of end products.

 

Subsequent to CEVA’s acquisition of the business of Hillcrest Laboratories, Inc. (“Hillcrest Labs”) located in Rockville, Maryland, CEVA has extended such business into industrial, robotics and automotive spaces, and is developing new products that combine Hillcrest Labs’ sensor processing with CEVA’s other sensing and connectivity technologies to offer complete contextual computing solutions. Hillcrest Labs’ core technologies and research and development team play a pivotal role in these initiatives and CEVA’s future technological developments. As a result, CEVA has determined to make its Maryland office the U.S. headquarters, effective immediately.