Cadence acquired the assets of Arcor Laser Services. Financial terms were not disclosed. Arcor is a leader in laser processing, providing customers with advanced laser welding, laser cutting, machining, marking, and micro-drilling services. “The addition of Arcor’s laser expertise represents our latest investment in building a broad platform of precision technologies and supply chain services for our customers. We continue to accelerate our efforts to provide our customers with highly technical solutions to help improve their products and are extremely pleased with the industry-leading laser processing portfolio that Arcor brings to our team.” Alan Connor, Cadence CEO.