Intersil Corporation and ParthusCeva have announced a partnership to license Intersil's 802.11 Wireless Local Area Networking (WLAN) IP to third parties.

Parthus and DSP Group have announced progress in relation to the proposed merger of Parthus with DSP cores licensing business of DSPG ("Ceva Business") announced in April of this year.

Irish company Parthus Technologies plc (Nasdaq: PRTH, LSE: PRH), a developer of semiconductor platform-level intellectual property (IP), has been identified for the second time as one of "Europe's 50 Hottest Tech Firms" in TIME magazine's third annual review of the European technology sector.

In Q1 licensing and royalty revenue grew 53% year-on-year to $8.9m (€10m), up sequentially from $8.7m (€9.8m), Parthus announced today.

Group and Parthus are in discussions regarding a potential combination of Parthus' business and DSP Group's intellectual property licensing business.