{
Yinon Costica

People

}
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001122334455554433221100

Google acquisition of Wiz expected to generate significant tax revenue for Israel

Google's acquisition of Israeli cybersecurity firm Wiz is set to significantly increase Israel's tax revenue. The deal, involving share sales, will see founders—each owning about 9.3%—receive around $3 billion, leading to an estimated $900 million tax liability per founder. Additionally, Israeli employees, holding roughly 10% of Wiz, will also face capital gains tax on their shares, valued at approximately $3.2 billion.
Tech in Asia
United States Dollar WIZ CORP, Inc. Google Inc. ISR Roy Reznik Ami Luttwak Assaf Rappaport Yinon Costica Show more
Finance & Economy, Market Report
06:45 21.03.2025

Alphabet to acquire Wiz for 32 billion dollars founders to earn 3.2 billion each

Alphabet is set to acquire cybersecurity firm Wiz for $32 billion, potentially making each of its four founders, Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik, approximately $3.2 billion richer after taxes. This deal, if finalized, would significantly boost Israeli tax revenues.
Tech in Asia
United States Dollar Alphabet Inc. WIZ CORP, Inc. ISR Roy Reznik Ami Luttwak Assaf Rappaport Yinon Costica Show more
Business & Industry, News Article
08:30 19.03.2025
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