Get the latest tech news
Israeli spyware maker Paragon bought by US private equity giant
The company's spyware, dubbed Graphite, is capable of hacking phones and stealing private communications.
In October, Wired reported that U.S. Immigration and Customs Enforcement had signed a one-year contract worth $2 million with Paragon to acquire a “fully configured proprietary solution,” which included licenses, hardware and warranties, maintenance and training. In 2014, U.S. private equity firm Francisco Partners paid $130 million to acquire 70% of NSO Group’s shares, Calcalist reported at the time. The same year, Francisco Partners were in contact with the now-defunct Italian spyware firm Hacking Team, according to leaked emails from the company, which were stolen and then published online by the notorious hacktivist Phineas Fisher.
Or read this on TechCrunch
