Source: NSO Group, which has ~$400M in debt, cut 15% of its workforce and raised prices by ~20% after a potential sale to defense contractor L3Harris collapsed
Bloomberg : Tweets: @jeffstone500 Tweets: Jeff Stone / @jeffstone500 : spyware vendor NSO Group cuts staff, raises prices by 15% in the face of the US blacklist, per @ElizaHannon @dscigliuzzo also: I...
Sources: NSO Group is considering shuttering its Pegasus unit and selling the company, among other options, as it struggles to repay $450M in debt
- Moelis tapped to advise on talks with investment funds — One plan would repurpose product for strictly defensive use
Insiders at Israeli hacking tools company NSO Group say they bought back the 70% stake they sold to US PE firm Francisco Partners; source: at a $1B valuation
Market source says the deal values the Israel-founded company, which helps governments spy on phones, at about $1 billion; NSO says it had revenues of $250 million in 2018
Report: US private equity firm Blackstone Group in advanced talks to buy 40% of Israeli hacking tools maker NSO Group for $400M
Tova Cohen / Reuters :
Report: US private equity firm Blackstone Group in advanced talks to buy 40% of Israeli hacking tools maker NSO Group for $400M
TEL AVIV (Reuters) - Blackstone Group (BX.N) is in advanced talks to acquire 40 percent of Israeli cyber firm NSO Group for $400 million, Israel's Calcalist business newspaper reported on Sunday.