June 18, 2018 2:10 AM ET

Software

Company Overview of NSO Group

Company Overview

NSO Group develops mobile device surveillance software. The software called Pegasus developed by the company can be used to record conversations and gain access to photos, text messages and websites viewed from a smartphone. NSO Group was founded in 2010 and is based in Herzliya, Israel.

85 Medinat Hayehudim St.

Herzliya,  46803

Israel

Founded in 2010

Key Executives for NSO Group

NSO Group does not have any Key Executives recorded.

NSO Group Key Developments

Verint Systems Reportedly In Talks To Acquire NSO Group

Verint Systems Inc. (NasdaqGS:VRNT) is in talks to merge its security division with NSO Group at a value for NSO of about $1 billion, a source close to the negotiations said on May 28, 2018. NSO Group would remain an independent company as a division within Verint, said the source, who spoke on condition of anonymity. NSO declined to comment while Verint was not available outside U.S. business hours. The talks were first reported by the Wall Street Journal. The Wall Street Journal reported that under the proposed deal, Verint has offered to pay private equity firm Francisco Partners Management LLC, which is NSO’s controlling shareholder, with its own stock and assumed debt.

Blackstone Group Ends Talks To Buy Stake In NSO

The Blackstone Group L.P. (NYSE:BX) has pulled out of discussions to buy part of NSO Group, Reuters reported on August 15, 2017, quoting two people familiar with the talks. Israel's Calcalist daily in July 2017, reported Blackstone was in advanced talks to buy 40% of NSO for $400 million.

Blackstone And ClearSky Reportedly In Talks To Buy 40% of NSO Group

The Blackstone Group L.P. (NYSE:BX) is in advanced talks to acquire 40% of NSO Group for $400 million, Israel's Calcalist business newspaper reported. Another investor, ClearSky, is expected to joinBlackstone in the deal as a secondary buyer for 10% stake, Calcalist said. An NSO spokesman said he could not confirm the report. Blackstone was not immediately available to comment. ClearSky did not immediately respond to a Reuters' request to comment.

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