Israel's elite military intelligence service may once again prove its worth to the country's tech economy as Google's parent company acquires Internet technology company Wiz for $23 billion.
Alphabet Inc. is in talks to buy Wiz from founder Assaf Rappaport, a person familiar with the matter said. An officer in the force with a proven track record of producing technology entrepreneurs. In Israel's economy, the transaction emphasizes the strength of the technology industry in the Gaza War, and the industry creates approx. 20 % and approx. 15 % of national production. It also emphasizes the role of the most successful departments of military years in Israel. Together with the university, Israeli military intelligence services and technical forces (such as 8200) delivered drivers to hundreds of technology species.
Check Point Software Technologies, Nice, Palo Alto Networks, CyberArk, Wix and Waze - bought by Google for $1 billion - are a handful of companies whose founders have military roots.
Rappaport credits the Israeli military for his success, once calling the 8200 unit "the best school of entrepreneurship." He served there with his "army buddies" Yinon Costica, Roy Reznik and Ami Luttwak, with whom he co-founded his previous cloud security company Adallom in 2012, which they sold to Microsoft three years later for $320 million.