Ceva divests GPS technology, product line
Keywords: divestment Ceva GPS GloNav DSP core
[Summary of tips] Ceva Inc., a licensor of DSP cores, multimedia, GPS and storage platforms, announced the divestment of its GPS technology and associated product line to GloNav, a new U.S.-based fabless company, in return for an equity ownership of 19.9 percent in GloNav on a fully diluted basis. The new company also licensed the Ceva-TeakLite ......|
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