Industry Expert Blogs

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.

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