Cadence restoring access for affected customers as BIS rescinds license notice

In a regulatory filing, Cadence Design (CDNS) Systems stated: “As previously reported, on May 23, 2025, the Bureau of Industry and Security, U.S. Department of Commerce, informed Cadence that a license was required for the export, re-export or in-country transfer of electronic design automation software and technology classified under Export Control Classification Numbers 3D991 and 3E991 on the Commerce Control List, when a party to the transaction is located in China or is a Chinese ‘military end user’ wherever located. On July 2, 2025, BIS informed Cadence that the license requirements set forth in the May 23, 2025 letter from BIS were rescinded effective immediately. Cadence is in the process of restoring access to EDA Software and Technology for its affected customers in accordance with these updated U.S. export regulations.”