CEVA acquired the Hillcrest Labs business in July 2019. CEVA, Inc. (NASDAQ: CEVA) is a leading global supplier of software, components, and intellectual property to enable the intelligent use of sensors in consumer electronics and IoT devices. For over 15 years, Hillcrest Labs and Freespace® sensor processing technology has powered advanced motion controllers in a wide variety of products including Smart TV’s, set-top boxes, PC’s, and game consoles. Today, CEVA's Hillcrest Labs products are used in the development of devices in the virtual reality (VR), augmented reality (AR), robotics, TV, and motion remote control segments. Their proprietary and patented Freespace technology transforms human and machine movement into high quality, application-ready information which enables developers and manufacturers to create everyday products that work with precision.