MergerLinks Header Logo

Announced

Ceva acquires Hillcrest Labs from InterDigital.

Synopsis

Ceva, a leading manufacturer of sensors and signal processing equipments, acquires Hillcrest Laboratories, a leading global supplier of software and components for sensor processing in consumer and IoT devices from InterDigital. Financial terms were not disclosed. "We are truly excited to welcome the Hillcrest Labs team to CEVA. Their unrivalled expertise in sensor processing and innovative sensor fusion technology, as well as proven track record of high-volume shipments align perfectly with our diversification strategy in the smart sensing domain. This acquisition presents opportunities for multiple royalty growth vectors." Gideon Wertheizer, Ceva CEO.

Principals

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US