Status: Clearance Acquirer: TELUS International (Cda) Inc. (Canada) Acquired: Lionbridge AI business of Lionbridge Technologies, Inc. (U.S.) Value: US$939 million Industry: Artificial Intelligence; Information Services… Continue Reading
** UPDATE: On February 5, 2020, the FAR Council “corrected” the effective date of the Final Rule from January 21, 2021, to January 19, 2021. This alert has been updated accordingly. ** Recent modifications to regulations and federal government acquisition policies portend big change for contractors across the US, and their suppliers around the world. … Continue Reading
The People’s Republic of China (PRC or China) established a foreign investment security review in 2011 that focused exclusively on the merger and acquisition of domestic companies by foreign investors in a notice issued by the State Council (the 2011 Notice)1. On December 19, 2020, the National Development and Reform Committee (NDRC) and the Ministry … Continue Reading
On August 6, 2020, President Donald Trump signed two Executive Orders (EOs) targeting the TikTok and WeChat applications and their parent companies. Specifically, President Trump invoked the International Emergency Economic Powers Act (IEEPA) and other related statutes, as well as the national emergency he previously declared under these laws in Executive Order 13873 (Securing the … Continue Reading
Protection of the Defense Industrial Base (DIB) from the growing panoply of cybersecurity threats has been a consistent point of emphasis for senior Department of Defense (DOD) officials during the Trump Administration. The DOD took a significant step toward addressing that concern on January 31, 2020 with the release of Version 1.0 of the Cybersecurity … Continue Reading
Status Update: Withdrawn, Prefiling, and Clearance Acquirer: Golden Gate Capital (US); GIC Pte. Ltd. (Singapore) Acquired: NeuStar, Inc. (US) Value: Approx. US$2.9 billion Industry: Technology Services UPDATE: “On June 12, 2017, NeuStar received written notification from the Committee on Foreign Investment in the United States (“CFIUS”) that it will not take action to prevent … Continue Reading
Effective 18 April 2017, the US Commerce Department, Bureau of Industry and Security (BIS) has revised the Entity List entry for Russia’s Federal Security Service (Federalnaya Sluzhba Bezopasnosti or FSB) to conform to the OFAC general license adopted on 2 February 2017, General License No. 1. That general license authorises transactions otherwise prohibited under Executive … Continue Reading
Status Update: Clearance Acquirer: TDK Corporation (Japan) Acquired: InvenSense, Inc. (U.S.) Value: Approx. US$1.3 billion Industry: Technology Services UPDATE: InvenSense, Inc., a leading provider of MEMS sensor platforms, issued a statement on April 18, 2017 that “all necessary regulatory clearances have been received for the acquisition by TDK Corporation of InvenSense, including from … Continue Reading
On 1 July 2016, the EU extended duty-free treatment to new IT products covered by the Information Technology Agreement (ITA). EU citizens will enjoy cheaper IT goods and the EU industry will pay less for components allowing it to lower production costs and retain production in the EU. … Continue Reading
