Blackstone Group (BX.N) has pulled out of discussions to buy part of Israeli mobile surveillance software maker NSO Group, according to people familiar with the talks that had been criticized by digital privacy activists.
Two people familiar with the discussions told Reuters on Tuesday that the talks had ended without Blackstone and NSO reaching an agreement.
Israel’s Calcalist business newspaper last month reported Blackstone was in advanced talks to buy 40 percent of the privately held Israeli firm for $400 million.
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