THE treatment of returning Irish emigrants who are being denied welfare payments due to the misapplication of a social welfare rule is “unjust and ironic”, an agency which has worked with emigrants since the 1950s has said.

Semiconductor and electronics company Ceva, which was formed from the merger of Dublin-based Parthus and a division of Israeli group DSP, posted second quarter results in line with market expectations yesterday.

ParthusCeva, the company formed last year through the merger of Dublin's Parthus with a division of Israeli group DSP, is to change its name to Ceva.

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 hi-tech sector company Parthus Technologies is to merge with the licensing division of the American-Israeli computer chip-maker DSP.

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