CEVA to Acquire Intrinsix to Offer Full Turnkey SoC Platforms

CEVA announced that it agreed to acquire Massachusetts-based Intrinsix Corp., a leading chip design specialist, for approximately $33 million in cash, subject to working capital and other customary purchase price adjustments. The closing of the acquisition is anticipated to take place during the second quarter of 2021. The acquisition allows CEVA to offer IP, software and chip development.

Working together with Rohde & Schwarz, HEAD acoustics have created a test solution that was able to successfully verify the communication quality of 5G (VoNR)-capable devices. VoNR, or “Voice over 5G New Radio” is a call service which fully explores the capabilities in the SA architecture for 5G networks. Compared to other communication services, VoNR provides significantly lower latency and improved sound and picture quality, improving the calling experience.