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UNDER SCRUTINY HP: We Didn’t Sell to Syria Justin Sullivan / Getty Images

HP: We Didn’t Sell to Syria

The Securities and Exchange Commission is asking Hewlett Packard to explain how its equipment wound up in Syria, a country that is subject to U.S. sanctions. Company officials responded in a letter released on Friday, saying they had not authorized any sales to Syria, and believe the products were delivered through either a reseller or a distributor. Area SpA, an Italian company, is believed to have installed the equipment about a year ago as part of monitoring system designed to track people within the country. Hewlett Packard told the SEC that it ended its relationship with Area SpA in April.

November 23, 2012 7:40 PM