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The sale of Wiz to Google for $32 billion is projected to significantly benefit the Israeli economy through substantial tax revenue and increased investor confidence.This deal is estimated to generate billions of dollars in tax revenue for the Israeli government.The influx of capital could also help the government manage its budget deficit and continue funding wartime expenditures without implementing austerity measures.Furthermore, the acquisition is seen as a major boost for Israeli tech and its global cyber status, potentially attracting further investment and solidifying Israel's position as a cybersecurity leader.
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Hank Holland, Chairman & CEO
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