Computer chip maker Ceva has announced that revenues in the fourth quarter increased to $9.6m (€7.6m) compared with $9.3m (€7.3m) in the previous quarter.

PARTHUSCEVA, the microchip designer, has reported a net loss for the third quarter of its financial year to the end of September.

ParthusCeva has announced the appointment of Chet Silvestri as Chief Executivie Officer.

ICT Ireland, a lobby group for the high tech sector, has said that proposed new legislation on company directors would make Ireland one of the most regulated countries in the world.

ParthusCeva has become a member of IBM’s Blue Logic IP Colloboration Programme.