New Owner’s Plan for Hacking Team: “Change Absolutely Everything”

Notorious Italian spyware company Hacking Team has been taken over and merged into a new business called Memento Labs, Motherboard reports. But the move has hardly shaken off Hacking Team’s shady history.

Twenty percent of the new company is owned by unnamed Saudi investors whom the overall owner, Paolo Lezzi, says he has never met. David Vincenzetti, cofounder of Hacking Team, will have no formal position in the new company, but will be involved as an informal adviser.

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