Ceva Extends Connect IP Portfolio With Wi-Fi 7 Platform For High-End Consumer And Industrial IoT
Portfolio Pulse from Benzinga Newsdesk
Ceva has announced the release of its RivieraWaves Wi-Fi 7 IP platform, aimed at enhancing connectivity for high-end consumer and industrial IoT devices such as gateways, TVs, set-top-boxes, streaming media devices, AR/VR headsets, personal computing, and smartphones.
January 03, 2024 | 12:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ceva's release of the RivieraWaves Wi-Fi 7 IP platform could position the company as a key player in the high-end IoT connectivity market, potentially leading to increased licensing opportunities and revenue growth.
The announcement of Ceva's Wi-Fi 7 IP platform directly impacts the company as it expands its connectivity IP portfolio. This new technology is likely to be in high demand due to the growing IoT market, which could lead to increased licensing deals and revenue for Ceva. The impact is scored positively as the news is likely to be received well by investors and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100