Last regulatory approval of Google’s acquisition of Israeli cybersecurity firm Wiz has been obtained after the The European Fee unconditionally authorised the $32 billion deal, below the EU Merger Regulation.
This can be a important determination and the elimination of the biggest main impediment for completion of the deal, however there are nonetheless a lot of nations that haven’t formally authorised the method, together with Turkey, South Africa, Australia and Israel itself..
Now the 4 founders – Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik – can breathe a sigh of aid. Every of them will obtain over $2 billion earlier than taxes, and the Israel Tax Authority can anticipate revenues of a minimum of NIS 9 billion from taxation of the founders, workers and a number of the buyers.
Antitrust proceedings have been the one impediment separating shareholders from the billions. The deal obtained approval from the US antitrust authorities final November, and as we speak the EU gave its blessing. The approval processes in Israel and different nations might lengthen into subsequent month.
That is the largest-ever acquisition in Israel, and a deal that may make Israel a strategic improvement and gross sales heart for cybersecurity merchandise in Google’s cloud atmosphere, GCP. Wiz will make Google a significant cybersecurity participant that may compete with Microsoft, which has additionally opened a world cybersecurity heart in Israel, additionally courtesy of Rappaport who bought Adallom to Microsoft a decade in the past.
EU approval has not been sure, with voices in Europe calling for the deal to be canceled or a minimum of topic to an energetic antitrust investigation. Among the many arguments raised are issues about Google’s rising affect on the EU financial system on the expense of native firms, the publicity of crucial layers of information safety to a big US firm, and concern that the acquisition will make Wiz affiliated with Google, which might hurt the service it supplies to Microsoft and AWS clients.
Nonetheless, it’s believed that the EU is just not concerned about creating additional friction with the Trump administration in the intervening time by blocking offers for US firms, and has determined to not make antitrust one other disputed entrance in relations between the continents.
Who will profit from the deal?
The most important beneficiaries of the deal are, in the beginning, the 4 Israeli founders, who will every earn $2-2.5 billion earlier than taxes. Collectively, they personal nearly a 3rd of the corporate’s shares after having already bought a couple of % of their holdings in a secondary spherical carried out earlier than the signing of the Google deal. The group of founders led by Rappaport can be the biggest supply of tax income for the nation, since many of the different main shareholders aren’t Israelis and can pay minimal tax.
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<p>Overseas enterprise capital funds will carry within the lion’s share of the proceeds from the deal: Index Fund will come out with about $3.5 billion, Sequoia with $3.2 billion, Perception Companions with $2.8 billion and Lightspeed with $1.2 billion. CyberStarts, the enterprise capital fund of Gili Raanan, a former Sequoia govt, is the one Israeli fund (aside from the passive fund Cerca) that may generate important income from the deal, after being the primary investor in Waze – it should usher in $1.28 billion.
The state can even profit from the deal, though the decline within the shekel-dollar alternate fee over the previous yr has eroded anticipated revenues.
Printed by Globes, Israel enterprise information – en.globes.co.il – on February 10, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
