The gaming company, whose Grindr database contains personal information such as a user's location and HIV status, agreed to sell the app by June 2020.
Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday it had agreed to a request by the Committee on Foreign Investment in the United States to sell popular gay dating app Grindr, setting a June 2020 deadline to do so.
Kunlun's decision came after Reuters reported in March that CFIUS, an interagency government committee that scrutinizes acquisitions of U.S. companies for potential national security risks, had asked Kunlun to divest Grindr, whose database contains personal information such as a user's location, messages, and HIV status.
The development is a rare, high-profile example of CFIUS undoing an acquisition that has already been completed. Kunlun took over Grindr through two separate deals between 2016 and 2018 without submitting the acquisition for CFIUS review.
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