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Huawei Drops Takeover Bid for 3Leaf Systems

Chinese telecom giant Huawei Technologies Co. has decided to back away from its acquisition of U.S. computer firm 3Leaf Systems, bowing to pressure from a U.S. government panel that had voiced security concerns about the deal. Huawei, which was founded 23 years ago by a former People’s Liberation Army engineer, bought 3Leaf’s assets in May [...]
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