Israel’s NSO Group in sale talks with company run by ex-US soldiers

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Israeli NSO Group, which manufactures cyberweapon Pegasus, is negotiating to sell it to a company run by a former U.S. soldier for about $ 300 million, and it is said that it is reviving the flagship business based on that relationship. Two people familiar with said.

Possible Sale You can offer your company an opportunity for your integrity partners. Blacklist By the US Department of Commerce to hone its reputation.

According to people close to NSO, there are other potential suitors, but discussions with Integrity are the furthest. A U.S. investment company run by former U.S. military officials plans to move NSO’s place of residence to the United States, where it will be regulated by U.S. law, one explained.

In November, US agencies accused NSO of selling smartphone hacking products to countries that used them for “cross-border crackdowns.” At about the same time, Apple informed East African American diplomats that Pegasus had recently targeted smartphones.

Pegasus works by breaking into the targeted smartphone and mirroring the encrypted content so that customers can view it.

The Israeli government has licensed the technology to sell to its allies, provided that it is used only to protect itself from terrorism and serious criminal activity.

But it regularly goes back to the phones of hundreds of journalists, scholars, opponents and civilians.

Overture, Haaretz newspaper first reportedAccording to the letter, retired U.S. soldiers lobby the U.S. government, remove NSOs from the U.S. blacklist, cancel all contracts, and make the U.S. government and its four closest allies the only customers. It includes a clause to start anew as. Intent quoted by Ha’aretz.

According to filings with the Securities and Exchange Commission, Integrity served as financial adviser to DHC Acquisitions, a blank check company that raised $ 300 million in March 2021. Three of the four partners hold senior positions at DHC, including Chief Operating Officer Pat Wilkison, who was a helicopter pilot for the US Army. Wilxon didn’t answer the phone for comment.

DHC Acquisition did not return an email asking for comment. Other Integrity partners have cited their experience as combat soldiers working in financial and technology companies, including Elad Yoran, an adjunct professor at Columbia University.

The NSO states: “The company has a lot of interest in several US-based funds, and the company is in talks with them.”

NSO is facing growing legal issues. Apple Facebook, which owns WhatsApp messaging service, has also filed a lawsuit in a US court since early 2019 on the grounds that the company abused the platform to deliver Pegasus to users’ phones.

Blacklisting in the United States has also made it difficult for companies to procure key components of their servers, and two senior leaders have resigned in recent months, according to company insiders.

Israel’s NSO Group in sale talks with company run by ex-US soldiers Source link Israel’s NSO Group in sale talks with company run by ex-US soldiers

The post Israel’s NSO Group in sale talks with company run by ex-US soldiers appeared first on California News Times.

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