(Reuters) - U.S. data analytics firm Verint Systems Inc (VRNT.O) is in talks to buy Israeli mobile surveillance software maker NSO Group for about $1 billion, the Wall Street Journal reported on Monday, citing a person familiar with the situation. Verint has offered to pay private equity firm Francisco Partners, which is NSO's controlling shareholder, with its own stock and assumed debt, WSJ reported on.wsj.com/2GX7ptm. Francisco Partners will become the largest shareholder in Verint if the potential deal is completed, the newspaper added. Verint, NSO and Francisco Partners could not be reached for comment outside regular business hours. Israeli media reported last July that Blackstone Group (BX.N) was in talks to buy part of NSO but sources told Reuters that the U.S. private equity firm pulled out of those discussions a month later.
Source: Wall Street Journal May 28, 2018 09:11 UTC