Israeli spyware maker Paragon bought by U.S. private equity giant | TechCrunch

News Source : TechCrunch
News Summary
- Paragon, an Israeli spyware maker, was acquired by AE Industrial Partners, according to Israeli news reports
- The investment firm bought Paragon for $500 million, and depending on how the company grows, the deal could reach $900 million
- Paragon’s spyware product, called Graphite, has been likened as a competitor of Pegasus, made by NSO Group
Paragon, an Israeli spyware maker that has largely kept a low profile in recent years, was acquired last week by American private equity giant AE Industrial Partners, according to Israeli news report [+3450 chars]