CEVA, Inc. (CEVA) to Acquire Intrinsix Corp
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CEVA to Acquire Intrinsix Corp., Expanding its Offering to Include Full Turnkey IP Platforms
May 10, 2021 6:59 AM EDTROCKVILLE, 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. The closing of the acquisition is anticipated to take place during the second quarter of 2021.... More
