Ceva Acquires Intrinsix Corp
May 27, 2021
News
CEVA, Inc. announced that it agreed to acquire Massachusetts-based Intrinsix Corp., a chip design specialist, for approximately $33 million in cash, subject to working capital and other customary purchase price adjustments.
Intrinsix provides complex SoC design expertise in the areas of RF, mixed signal, digital, software, secure processors and interface IP for heterogenous SoCs and chiplets. The combination of Intrinsix’s broad chip design capabilities and IP, together with CEVA’s leading-edge wireless connectivity and smart sensing IP, enables a unique combination of a full turnkey IP platform that lowers entry barriers for OEMs.
For more information, visit intrinsix.com
Chad Cox is the Production Editor at Embedded Computing Design. His responsibilities are centered around content creation, writing and editing, and article research and development. Chad covers industry news and events and is known to interact with various industrial leaders via on-premise visits and online interviews. He is responsible for the digital footprint and dissemination of news via social media posts, advertising creation and the production of newsletters including the Embedded Computing Design’s Daily.
He is well versed in many facets of industrial computing including Edge AI, IoT, Processing, Security, Open Source, and more.
Chad graduated from the University of Cincinnati with a B.A. in Cultural and Analytical Literature and holds a master’s in education.
