Cadence settles DOJ and BIS export probes, agrees to pay $140.6 million in penalties
Cadence reached settlements with the Bureau of Industry and Security and the Department of Justice on July 27, 2025, over export law violations from 2015 to 2021 involving $45.3 million in products and services sold to a customer in China. Cadence agreed to plead guilty to one count of conspiracy to commit export controls violations and to pay $140.6 million in aggregate net penalties and forfeitures during the fiscal quarter ending September 30, 2025. The plea agreement is subject to court approval, and compliance with the administrative settlement is a condition of Cadence's continued ability to export products.
Key points
- Settlements with BIS and the DOJ reached July 27, 2025
- Cadence agreed to plead guilty to one count of conspiracy to commit export controls violations, with a three-year probationary term, subject to court approval
- Aggregate net penalties and forfeitures of $140.6 million due during the quarter ending September 30, 2025
- Administrative settlement requires two internal annual audits of export compliance programs
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2025.
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