Data security company Cyera, which recently raised $600 million at a $12 billion valuation, announced Tuesday that it signed a letter of intent to acquire Oasis Security for approximately $1 billion in a deal expected to be paid mostly in cash, with the remainder in Cyera shares. Oasis focuses on non-human identities, primarily AI agents. As the number of AI agents proliferates, companies must deploy cybersecurity software that monitors these agents’ behavior and grants them permission to acces…
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