Barack Obama will have to decide after Huawei declined to sell on 3Leaf assets as part of a recommendation by the Committee on Foreign Investment in the United States.
China-based telecom equipment maker Huawei Technologies could be forced by the US President to unwind its $2m purchase of 3Leaf after a negative ruling by the country’s committee looking at sensitive deals.
Barack Obama will have to decide after Huawei declined to sell on 3Leaf assets as part of a recommendation by the Committee on Foreign Investment in the United States.
3Leaf had raised $55m, including $35m in its September 2008 series C round from Intel Capital, LSI Corporation…
