Cadence completed the acquisition of AWR from National Instruments for $160m.

Cadence, an electronic design automation software and engineering services provider, completed the acquisition of AWR, a provider of high-frequency RF EDA software technology, from National Instruments, a producer of automated test equipment and virtual instrumentation software, for $160m. “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. 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,” Anirudh Devgan, Cadence President.