Verint Systems in talks to buy Israeli surveillance software maker NSO

U.S. software company Verint Systems Inc. is negotiating a possible purchase of Israeli mobile surveillance software maker NSO Group for roughly $1 billion, The Wall Street Journal reported Monday, citing a person familiar with the talks. NSO sells Pegasus spyware and other military-grade technology, primarily to government security agencies. NSO’s primary shareholder, Francisco Partners, bought a majority stake in the company in 2014 for $120 million. NSO faced intense scrutiny last year after allegations surfaced that Mexico’s government had used Pegasus mobile software to spy on private citizens.

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