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July 25, 2025 $140 billion dollar settlement for selling technology to china Tags: Visual edit Mobile edit Mobile web edit |
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In January 2025, Cadence announced the acquisition of [[:fr:Secure-IC|Secure-IC]], an embedded security IP platform provider; the acquisition is expected to close by mid-2025, following the usual regulatory approvals and other closing conditions, and be immaterial to 2025 revenue and earnings.<ref>{{cite news |last=Clarke |first=Peter |title=Cadence to acquire French security specialist Secure-IC |url=https://www.eenewseurope.com/en/cadence-to-acquire-french-security-specialist-secure-ic/ |website= eenews |date=2025-01-23 |accessdate=2025-02-02 }}</ref>
In mid-2025, the [[Second presidency of Donald Trump|Trump administration]] briefly paused the issuing of licenses for exports of Cadence software to China.<ref>{{Cite news |last=Swanson |first=Ana |date=2025-05-28 |title=U.S. Pauses Exports of Airplane and Semiconductor Technology to China |url=https://www.nytimes.com/2025/05/28/business/economy/jet-engine-chip-software-exports-to-china.html |access-date=2025-05-29 |work=[[The New York Times]] |language=en-US |issn=0362-4331}}</ref><ref>{{Cite news |last=Hawkins |first=Mackenzie |date=2025-07-02 |title=US Lifts Chip Design Software Curbs on China in Trade Deal |url=https://www.bloomberg.com/news/articles/2025-07-03/siemens-says-us-has-rescinded-chip-software-curbs-on-china |url-access=subscription |access-date=2025-07-03 |publisher=[[Bloomberg News]]}}</ref> In July 2025, it was announced that Cadence would plead guilty to violating U.S. [[export controls]] and pay US$140 million.<ref>{{Cite news |last=Freifeld |first=Karen |date=2025-07-28 |title=Exclusive: Cadence to plead guilty and pay $140 million to US for China sales |url=https://www.reuters.com/world/china/cadence-plead-guilty-pay-140-million-us-china-sales-2025-07-28/ |access-date=2025-07-30 |work=[[Reuters]] |language=en}}</ref>
==Products==
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