Final regulatory approval of Google’s acquisition of Israeli cybersecurity company Wiz has been received after the The European Commission unconditionally approved the $32 billion deal, under the EU Merger Regulation.
This is a significant decision and the removal of the largest major obstacle for completion of the deal, but there are still a number of countries that have not formally approved the process, including Turkey, South Africa, Australia and Israel itself..
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Now the four founders – Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik – can breathe a sigh of relief. Each of them will receive over $2 billion before taxes, and the Israel Tax Authority can anticipate revenues of at least NIS 9 billion from taxation of the founders, employees and some of the investors.
Antitrust proceedings have been the only obstacle separating shareholders from the billions. The deal received approval from the US antitrust authorities last November, and today the EU gave its blessing. The approval processes in Israel and other countries may extend into next month.
This is the largest-ever acquisition in Israel, and a deal that will make Israel a strategic development and sales center for cybersecurity products in Google’s cloud environment, GCP. Wiz will make Google a major cybersecurity player that can compete with Microsoft, which has also opened a global cybersecurity center in Israel, also courtesy of Rappaport who sold Adallom to Microsoft a decade ago.
Published by Globes, Israel business news – en.globes.co.il – on February 10, 2026.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.
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