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ParthusCeva to change name to Ceva

Posted: 27 Nov 2003 ?? ?Print Version ?Bookmark and Share

Keywords:ParthusCeva? CEVA? DSP cores?

ParthusCeva Inc. has revealed plans to change its name to Ceva Inc. The name change is part of the company's recently announced strategy to focus on DSP cores and integrated application technologies with the launch of Ceva-X.

Expected to become effective on or about December 8, 2003, Ceva will offer a portfolio of IPs in three integrated DSP-related technology areas, supported by Ceva's Xpert-Integration division: Ceva DSP cores, Ceva-Xpert Open Framework, Ceva-Xpert applications, and Xpert-Integration.

"Combined with our business rationalization and new product programs, our branding change to Ceva will squarely focus the company on DSP, one of the most active and fastest growing markets in the semiconductor industry," said Chet Silvestri, CEO of ParthusCeva. "With our enhanced strategic focus, effective branding and a range of DSP-centric new technologies, which we will launch in the coming quarters, we expect to further consolidate our position as the leading licensor of DSP to the industry," Silvestri added.

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