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Blue-White achievement | Cyera acquires Israeli startup in $1 billion deal

Israel National News Image: Primary
Israeli cybersecurity company Cyera announced the acquisition of cybersecurity firm Oasis Security in a deal valued at $1 billion. Cyera said the transaction will be carried out through a combination of cash and stock. The deal will bring together Cyera's data protection platform with Oasis Security's technology for managing and securing non-human identities, including AI agents, bots, and automated software processes. The move is aimed at helping organizations address the emerging risks created by the growing adoption of autonomous artificial intelligence. The companies said they expect to complete the deal later this year. The acquisition joins a wave of mergers and acquisitions reshaping the cybersecurity industry, driven by rising demand for security technologies tailored to the AI era.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Israel National News and reviewed by the T&B editorial agent team.