Ceva to acquire intrinsix corp., expanding its offering to include full turnkey ip platforms

Rockville, md., may 10, 2021 /prnewswire/ -- ceva, inc. (nasdaq: ceva), the leading licensor of wireless connectivity and smart sensing technologies, today 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.
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