Cyera to Acquire Oasis Security for $1 Billion in Third Deal This Year

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Data security firm Cyera has agreed to acquire identity security company Oasis Security in a deal valued at $1 billion. The acquisition is aimed at strengthening protections around the growing use of AI agents in enterprise environments. This marks Cyera's third acquisition in 2024, signaling an aggressive expansion strategy. The move reflects broader industry concern over securing non-human identities as AI-driven automation becomes more widespread.

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TechnologyThe Verge ·

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