Cadence Design Systems acquired Tensilica for about $380 million in cash. Tensilica is a leader in dataplane processor IP core licensing with over 200 licensees. Tensilica’s configurable dataplane processing units are optimized for embedded data and signal processing. The IP cores are ideal for mobile wireless, network infrastructure, auto infotainment and home applications. As of December 31, 2012, Tensilica had approximately $30 million in cash.