Ceva Inc. is a publicly listed semiconductor intellectual property (IP) company, headquartered in Rockville, Maryland and specializes in digital signal processor (DSP) technology. The company's main development facility is located in Herzliya, Israel and Sophia Antipolis, France. Ceva Inc. was created in November 2002, through the combination of the DSP IP licensing division of DSP Group (based in Israel) and Parthus Technologies plc. Parthus was originally named Silicon Systems Ltd, and founded in Dublin, Ireland, in 1993 by Brian Long and Peter McManamon, Parthus had its initial public offering in 2000, just as the dot-com bubble was bursting in May, 2000. The agreement was announced in April, 2002. The DSP Group had founded a US company originally called DSP Cores, Inc, and then Corage, Inc. in 2001. The company used the name ParthusCeva for the combination, and planned to list its shared on Nasdaq with symbol PCVA and London Stock Exchange symbol PCV. In December, 2003, the company dropped the "Parthus" from their name, and changed the sticker symbol to CEVA. In 2007, it sold its stake in Dublin-based company GloNav to NXP Semiconductor for a gain of $10.9 million. More information...
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