Pillsbury advised Santa Clara-based Tensilica Inc. in its sale to San Jose-based Cadence Design Systems Inc. for $380 million. Tensilica develops microprocessor cores that it licenses or sells to companies, while Cadence works in the telecommunications, networking and semiconductors space.

Stanley Pierson, a corporate and securities technology partner in Pillsbury’s Silicon Valley office, led the team, which included partners Cindy Schlaefer, C. Brian Wainwright and David Jakopin, senior associate Christina Pearson and associate Gurpreet Bal.