Ceva

Ceva Overview

Company Headquarters: Lenexa, Kansas, US

Founded: 1988

Workforce: ~5500

Company Working: Ceva is a veterinary pharmaceutical company which is into top 10 veterinary health companies. The company operates through several business segments, including companion animals, cattle, poultry, small ruminants, and swine. The company develops and markets products related to reproduction management, anti-infectives treatment, and vaccines. Ceva has a presence in more than 45 countries and has 12 R&D centers and 25 production sites. The company operates in the Americas, Europe, Africa/Middle East, and Asia.

Strategy

CEVA's key strategy is to continue developing and licensing advanced processing and connectivity technologies to meet the growing demand for high-performance and energy-efficient solutions in key markets, such as 5G, artificial intelligence, and automotive. The company also aims to expand into new markets, such as IoT and smart homes, through strategic acquisitions and partnerships. Additionally, CEVA focuses on building strong partnerships with leading semiconductor companies and ecosystem players to increase market penetration and establish itself as a leading provider of licensable IP platforms and solutions. The company places a strong emphasis on innovation and customization to meet the unique needs of its customers and maintain its competitive edge in the rapidly evolving semiconductor industry.

Company Snapshot

$913.98M

Revenue

5,500

Employees

1988

Founded

Lenexa, Kansas, US

Headquarters

SWOT Analysis

Strengths

Leading provider of licensable IP platforms and solutions for the semiconductor industry, including digital signal processing and connectivity technologies
Diversified customer base, including major technology companies and emerging startups

Weaknesses

Dependence on a few key customers for a significant portion of revenue
Vulnerability to market fluctuations in the semiconductor industry

Opportunities

Growing demand for advanced processing and connectivity technologies in key markets, such as 5G, artificial intelligence, and automotive
Expansion into new markets, such as Internet of Things (IoT) and smart homes

Threats

Rapidly evolving technology and shifting customer preferences
Regulatory and legal challenges, particularly in the areas of antitrust and intellectual property

Key Developments

Date	Approach	Development
Sep-2019	Collaboration	Ceva, Inc. announced its collaboration with Graphcore, a UK-based AI chipmaker, to enable customers to integrate Ceva's AI technology into Graphcore's IPU platform for faster and more efficient AI processing.
Dec-2019	Acquisition	Ceva, Inc. announced the acquisition of Hillcrest Laboratories, Inc., a leading provider of sensor processing technology for consumer and IoT devices, expanding Ceva's wireless connectivity and sensor fusion capabilities.
March-2021	Collaboration	Ceva, Inc. announced its collaboration with LG Electronics to develop an AI-powered sound solution for LG's next-generation smart TVs, using Ceva's advanced wireless connectivity and audio processing technology.
July-2021	Collaboration	Ceva, Inc. announced a collaboration with Nordic Semiconductor, a leading provider of wireless connectivity solutions, to enable customers to integrate Ceva's Bluetooth 5.2 technology into Nordic's nRF52 and nRF53 series of wireless chips for IoT and other wireless applications.

Product Offering

Ceva, Inc.
- Global Wireless Connectivity Market

Financial Performance

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