CEVA and proteanTecs Announce Partnership to Optimize Reliability and Power of Complex SoCs

Serving joint customers in the automotive and wireless communication markets

TEL AVIV, Israel – ECOMOTION – May 22, 2023 – proteanTecs, a global leader of deep data analytics for advanced electronics, and CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and custom SoC solutions, have announced a partnership to enhance the reliability and power/performance of advanced chips by combining CEVA’s leading IP platforms with proteanTecs’ deep data analytics.

The companies are already serving mutual customers in mission-critical applications. Autotalks, a leader in vehicle-to-everything (V2X) communications technologies, has deployed CEVA vector and scalar DSP IP solutions, together with proteanTecs’ predictive system monitoring solutions into their chipsets.

“CEVA and proteanTecs enhance our ability to usher in a new era of road safety and deliver long-term and stable performance,” said Amos Freund, VP R&D at Autotalks. “With CEVA’s DSPs and proteanTecs in-depth data, we are able to concurrently support DSRC and C-V2X technologies with the needed visibility to assure rigorous reliability with predictive monitoring for our customers.”

“CEVA has built an exceptional reputation as a dominant IP platforms licensor in the automotive and wireless communications markets,” said Uzi Baruch, Chief Strategy Officer (CSO) at proteanTecs. “This collaboration will leverage our unique strengths and deliver innovative solutions that enhance performance, reliability, and security of electronic systems.”

“proteanTecs’ novel technology is able to monitor and extend the lifespan, power profile and performance of CEVA-powered chips,” said Michael Boukaya, Chief Operating Officer (COO) at CEVA. “We see tremendous value in collaborating to support our joint customers, especially in mission- and uptime-critical applications.”

As part of this partnership, proteanTecs will be able to work with CEVA for the development of custom SoC solutions that target the aerospace and defense sections, where CEVA has extensive experience.

CEVA and proteanTecs will be at Ecomotion Week 2023 to discuss their respective solutions and their collaboration.