US Edition
Hollywood Producer to Lead Acquisition of Spyware Maker NSO
U.S. investors led by Robert Simonds acquired NSO Group amid legal challenges, with a deal valued in the tens of millions and ongoing Israeli regulatory oversight.
- On Friday, NSO Group Ltd. confirmed to TechCrunch that a U.S. investment group invested tens of millions and acquired controlling ownership.
- Under U.S. trade restrictions, NSO faced lawsuits including Meta's 2019 case and was hit with a $611 million jury award earlier this year, after being blacklisted in 2021.
- Calcalist reported the consortium was led by Robert Simonds, Hollywood producer and founder of STX Entertainment, in a deal valued at several tens of millions of dollars.
- Approval requires reviews by Israel's Defense Export Control Agency and U.S. regulators including the FTC and Commerce Department, while NSO Group Ltd. says its Israeli oversight and operations remain unchanged.
- Privacy researchers and advocacy groups say Pegasus spyware has targeted journalists and activists, and critics warn U.S. investor ownership could legitimize such tools and spur calls for stricter oversight.
13 Articles
13 Articles
NSO Group's pending US sale marks a turning point for Israel's most controversial tech firm
Ownership of the Israeli cyber intelligence firm NSO Group, which operates the Pegasus surveillance platform, is set to shift to American control under a pending deal led by US producer and entrepreneur Robert Simonds. Valued in the tens of millions of dollars, the agreement would transfer one of Israel's most...Read Entire Article
The company confirmed at TechCrunch that a group of investors had "acquired a majority share" in the company.
TechCrunch
IT Security News - cybersecurity, infosecurity newsSpyware maker NSO Group confirms acquisition by US investors
NSO Group confirmed to TechCrunch that an unnamed group of American investors has taken “controlling ownership” of the surveillance tech maker.
‘Happy Gilmore’ Producer Buys Spyware Maker NSO Group - Cybernoz - Cybersecurity News
Research published this week indicates that North Korean scammers are trying to trick US companies into hiring them for architectural design work, using fake profiles, résumés, and Social Security numbers to pose as legitimate workers. The hustle fits into longstanding campaigns by the hermit kingdom to steal billions of dollars from organizations around the world using careful planning and coordination to pose as professionals in all different …
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
