Cadence acquires NI subsidiary AWR to accelerate system innovation for 5G RF communications

Cadence Design Systems, Inc. and National Instruments Corporation (NASDAQ: NI) today announced that they have reached a definitive agreement for Cadence to acquire AWR Corporation.

AWR is a wholly owned subsidiary of NI and is a leading supplier of high-frequency RF EDA software technology. Its products are used to design RF and high-frequency components and systems in the semiconductor, aerospace, defense, communications and test equipment industries.

After this acquisition, AWR's professional RF talent team will also join Cadence. At the same time, Cadence and NI have reached a strategic cooperation agreement to deepen cooperation and promote electronic system innovation in the communications field.

AWR software can help microwave and RF engineers design wireless products for complex high-frequency RF applications. This technology is applicable to communications, aerospace and defense, semiconductors, computers and consumer electronics, helping customers accelerate system design and product development cycles, greatly shortening the time from concept to production.