Google’s $32B Wiz acquisition to close this week, Israel eyes $10B tax windfall

Founders, investors and employees stand to receive billions as regulatory approvals clear the way for largest tech exit in Israeli history

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The massive deal in which Google acquired Israeli cybersecurity company Wiz is expected to officially close this week, Calcalist has learned. The agreement, signed in March 2025 — the largest exit in Israel’s history, valued at about $32 billion — has now received the required regulatory approvals.
It is still difficult to estimate exactly how much money will flow into the state treasury as a result of the exit, but conservative estimates put the figure at around 10 billion shekels. Most of the revenue will come from taxes on Wiz’s founders, who collectively hold about 30% of the company, as well as from taxes on employees who are expected to receive hundreds of millions of dollars.
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המייסדים השותפים של חברת וויז, מימין לשמאל: רועי רזניק, עמי לוטבק, אסף רפפורט וינון קוסטיקה
המייסדים השותפים של חברת וויז, מימין לשמאל: רועי רזניק, עמי לוטבק, אסף רפפורט וינון קוסטיקה
Wiz founders (L-R): Yinon Costica, Assaf Rapaport, Ami Luttwak and Roy Reznik
(Photo: Avishag Shaar-Yashuv)
Since its founding, Wiz has raised about $1.9 billion in several funding rounds. The company’s first investor was Cyberstarts, the venture firm led by Gili Raanan. Other investors include Sequoia, Index Ventures and Insight Partners, which invested at early stages; Lightspeed and Greenoaks, which led growth rounds; Andreessen Horowitz, which invested in a later round; as well as Blackstone, Salesforce, and others.
According to estimates, each of the four founders — Roy Reznik, Ami Luttwak, Assaf Rappaport and Yinon Costica — holds about 10% of the company and is expected to receive roughly $3 billion.
Index Ventures holds about 12% and is expected to receive about $3.8 billion, while Cyberstarts, which sold part of its holdings to Blackstone in 2021, still retains a significant 4%–5% stake and is expected to receive $1.3–$1.6 billion — an extraordinary return of about 200 times its original investment.
Wiz’s 1,800 employees worldwide, including about 1,000 in Israel, hold stock options and shares worth a combined $3 billion. In addition to the equity, Google has allocated about $1.5 billion in retention bonuses, paid in cash and Google stock, for employees who remain with the company after the acquisition.
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