Voting Company To U.S.: We’re Outta Here

[Brutus]

Smartmatic will sell its U.S. subsidiary to stop investigations into whether it’s funded by Venezuela’s government
December 22, 2006

By Eydie Cubarrubia



A Venezuelan company that makes electronic machines said Friday that in response to questions about ownership, it will sell its U.S. subsidiary and withdraw from a U.S. investment review process.



Smartmatic—which has offices in Florida, California, Barbados, Mexico, and Venezula—will sell Sequoia Voting Systems, a subsidiary based in Oakland, California that Smartmatic purchased in March 2005. The company has also withdrawn itself from review by the U.S. Committee on Foreign Investment in the United States (CFIUS).


http://www.redherring.com/Article.aspx?a=20436&hed=Voting Machines Company To U.S.: We're Outta Here