Ceva Acquires Spatial Audio Business From Visisonics To Expand Its Application Software Portfolio For Embedded Systems Targeting Hearables And Other Consumer Iot Markets
Acquiring Company
CEVA
Acquired Company
Audio Business
RockvilleManufacturingSoftwareArtificial IntelligenceAudioWirelessDescription
CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and custom SoC solutions, today announced the acquisition of the RealSpace® 3D Spatial Audio business, technology and patents from VisiSonics Corporation. Based in Maryland, close to CEVA's sensor fusion R&D development center, the VisiSonics spatial audio R&D team and software extend the Company's application software portfolio for embedded systems, bolstering CEVA's strong market position in hearables, where spatial audio is fast becoming a must-have feature.
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Frequently asked
Who acquired Audio Business?
Audio Business was acquired by CEVA, based in Rockville. The deal was reported on May 10, 2023. CEVA is the leading licensor of wireless connectivity and smart sensing technologies. CEVA is publicly traded (CEVA) and operates in Manufacturing.
When did CEVA acquire Audio Business?
CEVA's acquisition of Audio Business was reported on May 10, 2023. CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and custom SoC solutions, today announced the acquisition of the RealSpace® 3D Spatial Audio business, technology and patents from VisiSonics Corporation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Audio Business do?
Audio Business is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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