The company said it was informed by the U.S. Bureau of Industry and Security (BIS) on May 23, 2025 that a license was required for exports, re-exports or in-country transfers of EDA software and technology (ECCN 3D991, 3E991) when a party to the transaction is located in China or is a Chinese military end user.

1. 01

   The company said it was informed by the U.S. Bureau of Industry and Security (BIS) on May 23, 2025 that a license was required for exports, re-exports or in-country transfers of EDA software and technology (ECCN 3D991, 3E991) when a party to the transaction is located in China or is a Chinese military end user.

2. 02

   Cadence said BIS informed it on July 2, 2025 that the license requirements set forth in the May 23 letter were rescinded effective immediately.

3. 03

   The company said it is in the process of restoring access to EDA software and technology for affected customers in accordance with the updated U.S. export regulations.

4. 04

   In its forward-looking statements, the company cited difficulties that may be encountered in restoring access for affected customers, including the possibility that they have obtained third-party replacements, as well as the possibility of new license requirements.

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Original filing

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