Cadence wins deal with Airoha; NXP numbers way up; CEVA numbers down as company diversifies; U.S. government seeks unique funding ideas for tech.
Deals
Cadence won a deal with Airoha Technology, which will use Cadence’s RTL compiler and test tools to reduce power and test patterns in Bluetooth radio chips. Airoha is a fabless design house based in Taiwan.
IP
Cadence’s PHY and controller IP for PCI Express 3.0 have passed PCI-SIG certification tests.
Numbers
NXP reported its Q2 results. Revenue was $1.349 billion, up 14% compared from $1.188 billion for the same period in 2013. Net income was $159 million, compared with $182 million in Q2 of 2013. On a non-GAAP basis, net income was $273 million compared with $182 million in 2013.
CEVA reported its Q2 numbers, as well. Revenue was $9.2 million, compared with $12.8 million in the same quarter in 2013. The net loss was $1.5 million, compared with net income in 2013 of $2.2 million. The company’s CEO, Gideon Wertheizer, said the company is diversifying away from baseband applications, and it has taken time to get licensing deals into the pipeline.
The White House Office of Science And Technology Policy issued a questionnaire aimed at “America’s Inventors and Innovators for Great Ideas” for ideas about unique funding models, including crowdsourcing and partnerships with the federal government. Translation: In the wake of reduced VC funding, don’t count on a government financial injection.
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