U.S. software company Verint Systems Inc. is in talks to buy NSO Group, an Israeli maker of cyber surveillance products, for about $1 billion, according to a person familiar with the situation. NSO is known for selling military-grade technology including Pegasus spyware mainly to government security agencies. Verint has offered to pay NSO’s controlling shareholder, San Francisco-based private-equity firm Francisco Partners, with its own stock and assumed debt, the person said. Francisco Partners would become the largest shareholder...

Source: Wall Street Journal May 28, 2018 07:12 UTC