The Committee on Foreign Investment in the United States today approved the controversial sale of the Silicon Valley Group of San Jose, CA, to a Dutch company, a Treasury Department spokesman confirmed. ASM Lithography Holding NV of the Netherlands submitted a new proposal to CFIUS, an interagency panel, late yesterday. The revised proposal address national security concerns CFIUS members had with ASML acquiring SVG. Both companies develop lithography tools and are designing specialized optics that could be used to enhance...
