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Benzinga
Benzinga
Business
Shivani Kumaresan

L3Harris Technologies Eyes Israeli Spyware Firm NSO: Reports

Nasdaq NSO L3Harris Apple Israel NSO Group NYSE LHX United States Alphabet Inc
  • L3Harris Technologies Inc (NYSE:LHX) is planning to acquire Israeli spyware firm NSO Group, Reuters reported, citing U.S. and Israeli media.
  • The deal is expected to be finalized after being approved by Israel, the U.S., and L3Harris’ board of directors.
  • A separate report published by Intelligence Online has shed light on the White House’s concerns about the deal sparking counterintelligence and security concerns.
  • NSO, a surveillance firm that makes Pegasus software, is said to have spied on people’s cellphones, working for governments and other agencies.
  • Tech giants like Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, Microsoft Corp (NASDAQ:MSFT), Dell Technologies Inc (NYSE:DELL), and Meta Platforms, Inc (NASDAQ:META) Facebook filed a lawsuit against the firm for exploiting their software systems to infect mobile devices belonging to journalists and others with malware.
  • Apple Inc (NASDAQ:AAPL) filed a lawsuit against the NSO Group and its parent for holding them accountable for the surveillance and targeting of Apple users.
  • Price Action: LHX shares are trading lower by 0.85% at $225.00 in premarket on the last check Wednesday.
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