2007
November 8, 2007, following a verdict by the Committee on Foreign Investment in the United States (CFIUS), Smartmatic was ordered to sell Sequoia, which it did to its Sequoia managers having U.S. citizenship.
On August 3, 2007, California Secretary of State Debra Bowen withdrew approval and granted conditional reapproval to Sequoia Voting Systems optical scan and DRE voting machines after a "review of the voting machines certified for use in California in March 2007" found "significant security weaknesses throughout the Sequoia system" and "pervasive structural weaknesses" which raise "serious questions as to whether the Sequoia software can be relied upon to protect the integrity of elections."
In November 2007, following a verdict by the Committee on Foreign Investment in the United States (CFIUS), Smartmatic was ordered to sell Sequoia, which it did to its Sequoia managers having U.S. citizenship.