Israeli spyware maker Paragon bought by US private equity giant

AE Industrial Partners has reportedly acquired Israeli spyware vendor Paragon for around $450–$500 million, potentially rising to $900 million, highlighting continued Western private equity interest in commercial surveillance technology. The piece outlines Paragon’s background (ex-Unit 8200 founders), its Graphite spyware, a reported ICE contract, and the company’s claimed controls to prevent targeting U.S. persons, set against broader scrutiny of the spyware industry including U.S. actions against NSO Group and Intellexa.