Ceva has announced a significant milestone for its family of RivieraWaves wireless IoT technologies: surpassing 100 licensing deals signed for Bluetooth and Wi-Fi IPs. This achievement reflects the growth in demand for Bluetooth and Wi-Fi connectivity, particularly in IoT markets, with global tech market advisory firm ABI Research predicting that by 2023, more than ten billion Bluetooth and Wi-Fi enabled devices will ship annually.
Ange Aznar, VP and general manager of the wireless IoT business unit at CEVA, commented: “This accomplishment of surpassing 100 Bluetooth and Wi-Fi licensing deals in less than five years is extremely impressive and I am proud to be part of the leadership team through this period of strong growth. This achievement is a testament to the performance andquality of the IP delivered by our engineers and the strength of our sales organization. We look forward to seeing what innovative and exciting products our large wireless IoT customer base bring to market in the coming years.”
Andrew Zignani, principal analyst, ABI Research, added: ”Licensable intellectual property plays an important role in meeting the extraordinary growth projections for Bluetooth and Wi-Fi, with many companies choosing to integrate the connectivity standard into their SoC designs to shrink the cost, power and size of their devices. Ceva is a key enabler for a whole wave of companies embedding Bluetooth and Wi-Fi, providing them with leading-edge technology and industry-renowned expertise in wireless connectivity.”
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