Scandal-Ridden Spyware Company NSO Mulls Closing Pegasus Unit, Selling Company to Americans

© AFP 2021 / JACK GUEZ

SPUTNIK – DEC 13, 2021

NSO’s scandal-plagued Pegasus spyware has ignited several scandals and put the company on the verge of defaulting on its own debt after it was blacklisted by the United States over its alleged threat to the country’s national security.Israeli spyware firm the NSO Group is considering shutting down its Pegasus unit and selling the entire company to an American investment fund, Bloomberg reported, citing people familiar with the matter.The company, previously blacklisted by the United States over its alleged involvement in actions that threaten the country’s national security, has been facing the risk of defaulting on its debts. Currently, per Bloomberg, several options are on the table, including refinancing or outright sale.Two American investment funds are being considered as potential new owners. The discussions, according to the sources, involve mulling over a scenario of them taking over and shutting down the Pegasus unit. Then, the funds reportedly would pour $200 million in fresh capital in order to use Pegasus’ know-how for making “strictly defensive cyber security services” or “perhaps develop the Israeli company’s drone technology”.



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