Huawei Technologies finally admitted defeat in its attempt to gain US approval for an investment it made last summer in 3Leaf Systems, the Wall Street Journal reported. The Committee on Foreign Investment in the United States (CFIUS) on February 14 recommended against the deal to acquire assets and technology from 3Leaf. The Chinese firm had said it would push ahead and seek a final decision from President Barack Obama. However, the company has now announced it will withdraw from the deal. Huawei said that the controversy the case had attracted motivated its decision to withdraw. It was not immediately clear how the telecom equipment maker go about unwinding the US$2 million deal.