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Wiz-Google deal to officially close this week

image sourced from original article at https://www.ynetnews.com/business/article/bjbuimnfze

Google is expected to officially complete its acquisition of Israeli cybersecurity company Wiz this week, marking the largest exit in Israel's history. The deal, signed in March 2025 and valued at about $32 billion, has received all required regulatory approvals.

The transaction is expected to generate significant tax revenue for the Israeli government, with conservative estimates placing the total at around 10 billion shekels. Much of this revenue will come from taxes on the company's founders, who collectively own about 30 percent of Wiz.

Additional tax income is expected from employees who are set to receive hundreds of millions of dollars as part of the deal. The final amount flowing into state coffers will depend on the precise breakdown of payouts and tax assessments.

Original article source: https://www.ynetnews.com/business/article/bjbuimnfze
Source Id: 9126319074

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