NSO Group, Scandal – A spyware company that is in the default danger of debt, is a choice that includes closing the controversial pegasus unit and selling all companies, according to people who are familiar with problems with exploring.
Talks have been held with several investment funds around moves that include refinancing or direct sales, said people, who ask not to be identified as personal discussions.
Prospective new owners including two American funds that have been discussed take control and close Pegasus, one of the words.
In that scenario, the funds will then inject around $ 200 million fresh capital to change the rear knowledge of Pegasus into a defensive tight cyber security service, and may develop aircraft technology without crew companies Israel, one of the people’s words.
A spokesman for Herzliya-based NSO refused to comment.
Pegasus software can track users of users, and their abuse has landed NSO in high-profile cases of privacy abuse.
This product is allegedly supplied to the government used to spy on political dissidents, journalists and ACTVists.
The company said it sold technology for law enforcement and government institutions to prevent crime and terrorism.
The US Commerce Department remains black NSO.
Apples also sued NSO, trying to bar from using its products and services.
The US sidewalk puts up to the pressure on the NSO, which needs to pay back around $ 450 million in debt, only two years after buyout management is worth around $ 1 billion.
A shutdown Pegasus can leave NSO as a much smaller company and potentially less valuable, because the unit accounts for about half of this NSO income.
He expects to record around $ 230 million in sales this year, one of the people said, 8% less than 2018.
Spyware Firms NSO Mulls Shutdown from the Pegasus Unit: Report
