Spyware Firm NSO Discussing Sale to U.S. Fund Integrity (1)

NSO Group, the Israeli developer of a phone-hacking tool that allegedly allowed governments to spy on political dissidents and journalists, is discussing a sale of its assets to the U.S. venture capital firm Integrity Partners, according to people with knowledge of the negotiations.

Herzliya-based NSO, which has seen its revenue plunge amid the controversy and after the U.S. Commerce Department put the company on its export blacklist, has been in danger of defaulting on the debt it issued to fund a buyout in 2019. It hired advisers last year to help it pursue a restructuring or sale, Bloomberg previously ...