Suirui International Ordered to Divest from Jupiter Systems | Insights | Holland & Knight

▤ Summary

The U.S. government ordered Suirui International to divest Jupiter Systems after reviewing a 2020 acquisition that it says poses national security risks. The order requires Suirui to separate from Jupiter’s assets, intellectual property, source code, and customer contracts within 120 days unless CFIUS extends the deadline. It also imposes immediate controls to prevent unauthorized access and requires weekly compliance certifications until the divestment is complete. The case highlights the continuing CFIUS risk for foreign buyers of U.S. technology companies, especially those with government customers or ties to China.

▦ Linked Companies

Jupiter Systems, Inc.

$10M to $25M