Cyera signs $1 billion LOI to buy Oasis Security for agent identity controls
The proposed cash-and-stock acquisition would add Danny Brickman and Amit Zimerman's non-human identity controls to Cyera's data-security platform.
By Ryan Merket · Published
Primary source: CTech
Why it matters
AI agents blur the line between identity and data security. Cyera is spending about $1 billion to own both layers before enterprise buying patterns harden.
Cyera, founded by Yotam Segev, Tamar Bar-Ilan and Yonatan Itai, has signed a letter of intent to acquire Oasis Security for about $1 billion, CTech reported on July 28th, pairing Cyera's enterprise data controls with the machine-identity security system built by Danny Brickman and Amit Zimerman. About $700 million of the proposed consideration is expected to be cash, with Cyera shares covering the balance.…
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