Cadence to Acquire NWR for $160M

摘要

Cadence Design Systems on Dec. 2 signed a definitive agreement to acquire AWR, a developer of high-frequency RF EDA software. Cadence will pay National Instruments $160 million in cash for AWR, which NI acquired in 2011. The deal is expected to close in the first quarter of 2020. Cadence expects 110 AWR employees to join the firm. "Companies designing communication and radar chips, modules and systems face increasing time-to-market pressure in high-growth 5G/wireless applications. Creating differentiated products while reducing cycle time requires a seamless design, simulation and analysis environment," said Dr. Anirudh Devgan, president, Cadence. "The addition of AWR's talent and technologies will enable us to provide more integrated and optimized RF design solutions, thereby further accelerating system innovation as we execute our intelligent system design strategy."