Status: Not a Covered Transaction Acquirer: ADVA Optical Networking SE (Germany) Acquired: ADTRAN, Inc. (U.S.) Value: $931 million Industry Tags: Telecommunications; Network and Data Solutions… Continue Reading
The Department of Defense, the General Services Administration, and the National Aeronautics and Space Administration has published an interim final rule implementing section 889(a)(1)(B) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 (Pub. L. 115-232, the 2019 NDAA).¹ ² This interim final rule is effective August 13, 2020 and interested … Continue Reading
On May 28, 2019, Huawei Technologies Co., Ltd., a Chinese telecommunications company, and its US-based affiliate, Huawei Technologies USA, Inc. (collectively “Huawei”), filed a Motion for Summary Judgment. (See Plaintiffs’ Motion for Summary Judgment, Huawei Technologies USA, Inc. et al v. United States of America, et al, No. 4-19-cv-159-ALM (E.D. Tex. filed May 28, 2019) … Continue Reading
On May 22, 2019, the US Department of Commerce, Bureau of Industry and Security (BIS) is expected to publish in the Federal Register a Final Rule creating a 90-day Temporary General License (TGL) for Huawei Technologies Co., Ltd. (Huawei) and the 68 affiliated Huawei entities (collectively, the “Huawei Listed Companies”) that were added to the … Continue Reading
Status: Clearance Acquirer: Speedcast International Limited (Australia) Acquired: Globecomm Systems Inc. (US) Value: Approx. US$135 million Industry: Telecommunications… Continue Reading
Status: Clearance Acquirer: MacDonald Dettwiler and Associates Ltd. (Canada) Acquired: DigitalGlobe, Inc. (US) Value: US$3.6 billion (C$4.7 billion) Industry: Telecommunications; Aerospace UPDATE: On September 28, 2017, MacDonald, Dettwiler and Associates Ltd., the Canadian global communications and information company, and DigitalGlobe, Inc., a US based satellite imagery company, “announced that the Committee on Foreign Investment … Continue Reading
On 11 April 2017, the EU Council renewed the restrictive measures against Iran until 13 April 2018. Currently, the restrictive measures include a travel ban and asset freeze on 82 people and one entity, in addition to a ban on exports to Iran of equipment, which might be used for internal repression or monitoring telecommunications. … Continue Reading
On 7 March, the Departments of Commerce, Justice, and Treasury jointly announced a US$1.19 billion settlement with China-based telecommunications company ZTE Corporation and its subsidiaries and affiliates (together ZTE) for allegedly violating US sanctions and export controls laws. ZTE agreed pay a US$100.9 million civil penalty to the Office of Foreign Assets Control (OFAC); a … Continue Reading