ParthusCeva, formed through the merger of Parthus, a provider of platform-level intellectual property, and Ceva, the licensing division of DSP Group, officially launched on Friday with its listing on Nasdaq.
The new company, which is headquartered in San Jose, will provided licenses of DSP cores and associated IP.
"The launch today of ParthusCeva reflects several key trends in our industry," said Kevin Fielding, chief executive, in a statement. "Increasingly, our customers are demanding complete, fully-integrated IP solutions based on industry-standard architectures that they can access through a licensing model."
The new company's families of DSP cores and IP platforms have been licensed by about 90 companies, including nine of the top 10 semiconductor manufacturers, Fielding said.
ParthusCeva also has offices in Dublin, Ireland, and Herzelia, Israel. The company will focus on three areas: DSP and application processing IP; mixed signal and wireline communications IP; and wireless communications IP.
Drawing from its IP base, ParthusCeva is the leading licensor of DSP cores, with a 69% marketshare in 2001, according to Gartner Dataquest, San Jose. Its core offerings include Palm, Teak, TeakLite, Pine, Oak, and Cedar.
Parthus' DSP-based subsystem platforms incorporate system interface peripheral components, software, and hardware development tools.