CEVA, a San Jose-based IP company that specializes in the DSP space, is defying the odds by be successful.
Most of what we hear about IP these days is that the model is failing. But CEVA's most recent coupNXP licensed the CEVA-Teak DSP core for its highly integrated ultra low-cost single-chip entry-level handset designsmeans that CEVA's IP is used by four of the top five handset manufacturers in the world.
NXP will integrate CEVA's IP into its ULC single-chip solutions, the PNX4901 and PNX4903. Both feature fully functional and completely integrated single-chip phone solutions.
It just goes to show that if you have a superior product, the IP model can work. It works for ARM; it works for CEVA; and it works for some memory applications. What, I suppose, doesn't work is IP that can be handled in-house.