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The Company is a licensor of intellectual property platform solutions and DSP cores for wireless, consumer and multimedia applications.
CEVA is the current market leader in licensing DSP core IP (Intellectual Property) to device/chip manufactures. CEVA press releases later 2009 stated a 78% market share of Silicon IP (SIP) for DSP cores. That really is impressive. CEVA's DSP core designs are used in handsets, mobile devices (smartphones, tablets, eReaders, etc.). They are also used in many consumer electronic devices for video and audio procession which DSPs (Digital Signal Processors) are use for.I like that the company is small now: Market cap: approx. 537 M, employees approx. 169 and they are based out of Mountain View CA. The current PE is 54 (high) but they have very good growth prospects as mobile devices in which they are use explode in usage.
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