Financial details were not disclosed.
Ceva-XC is a high-performance, low-power communication DSP designed for fourth generation terminals and wireless infrastructure. It supports multiple technologies including LTE, WiMax, GSM and CDMA.
Companies such as Infineon, Broadcom and ST Ericsson license Ceva's technology to build DSP chips.
In the third quarter, Ceva's market share in the global handset cellular baseband market reached a record 33%.
Ceva's DSPs have been licensed by more than 25 companies and shipped in over 100 million devices.
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