Block of Lattice Semiconductor Acquisition by Chinese Venture Capital Fund

On September 13, 2017, President Trump signed an order blocking the proposed acquisition of Lattice Semiconductor Corporation by China Venture Capital Fund Corporation Limited under the Committee on Foreign Investment in the United States (CFIUS) process. The order prohibited the transaction based on national security concerns related to semiconductors and defense technology. The blocked acquisition prevented the foreign purchase and kept the semiconductor manufacturer under U.S. ownership.