Spyware firm NSO mulls shutdown of Pegasus, sale of company

Pegasus software can track a user’s mobile phone, and its misuse has landed NSO at the centre of high-profile privacy and human rights abuse cases. — AFP

NSO Group Ltd, the scandal-plagued spyware company that’s in danger of defaulting on its debts, is exploring options that include shutting its controversial Pegasus unit and selling the entire company, according to people familiar with the matter.

Talks have been held with several investment funds about moves that include a refinancing or outright sale, said the people, who asked not to be identified as the discussions are private. The company has brought in advisers from Moelis & Co to assist, and lenders are getting advice from lawyers at Willkie Farr & Gallagher, the people said.