Cyera agrees to acquire Oasis Security for $1B to safeguard proliferating AI agents
Cyera signed a letter of intent to acquire Oasis Security for approximately $1 billion, primarily in cash, to enhance cybersecurity for AI agents. This acquisition comes as the demand for cybersecurity solutions grows alongside the proliferation of AI agents, which require monitoring and permission management. Following the acquisition, Cyera plans to integrate Oasis's technology into its identity and data security platform, further solidifying its position in the market.