Cyera Plans to Acquire Oasis Security for $1 Billion to Strengthen AI Agent Security Capabilities

According to TechCrunch, data security company Cyera announced it has signed a letter of intent to acquire Oasis Security, which focuses on non-human identity security such as AI agents, for approximately $1 billion. The deal is expected to be primarily in cash, with the remainder paid in Cyera shares. Oasis mainly focuses on identity and access management for AI agents. After the acquisition is completed, Cyera plans to integrate its technology into a unified identity and data security platform to address the growing AI-driven security threats faced by enterprises.