Keysight Technologies, a successor entity to Anite Finland, has reached a $473,157 settlement with the U.S. Department of the Treasury’s Office of Foreign Assets Control regarding subsidiary dealings in the sanctioned country of Iran.
“Internal correspondence disclosed by Keysight shows that prior to acquisition, Anite had business with Sudan, Syria, and Iran, particularly for the benefit of the South African telecommunication company MTN Group’s subsidiaries in Iran and Syria,” settlement documents released Thursday state. “Prior to its acquisition by Keysight, Anite communicated that it would cease all existing and future business with Sudan, Syria, and Iran.”
