Google is set to complete its 32 billion dollar acquisition of Israeli cybersecurity company Wiz this week. The company is expected to formally announce the closing during a sales event in Las Vegas, where employees will receive guidance on integrating Wiz products into Google's cloud division.

The deal will generate significant wealth for Wiz employees and founders. Each of the four founders will receive about 2.2 billion dollars after taxes, while hundreds of employees in Israel will become millionaires. The influx of wealth could increase pressure on housing prices in Tel Aviv and other high demand areas, echoing past technology sector windfalls.

Fluctuations in the exchange rate between the Israeli shekel and the dollar reduced the value of payouts for Israeli stakeholders during the waiting period. Even so, the Israeli government is expected to collect between 9 billion and 10 billion Israeli shekels in tax revenues from capital gains and related taxes, with funds anticipated to reach state coffers within a month of the deal's closing.