Empyrean Technology gives control to CEC after U.S. blacklisting — China’s top developer of chip design systems hands reins to state-owned firm

Empyrean Technology, the world’s 4th-largest EDA (electronic design automation) firm, has given control of the company to state-owned China Electronics Corporation following blacklisting by the U.S. government’s Entity List. 

Empyrean Technology, the world’s 4th-largest EDA (electronic design automation) firm, has given control of the company to state-owned China Electronics Corporation following blacklisting by the U.S. government’s Entity List.