Data security company Cyera announced on Tuesday that it has entered into an agreement to acquire agentic access management provider Oasis Security.
Cyera confirmed to SecurityWeek multiple reports that this is a $1 billion deal. Calcalist reported that roughly $700 million will be paid in cash, with the remainder in shares.
Oasis has developed a non-human identity and agentic access governance platform to address the growing use of AI agents in enterprise environments. Its Agentic Access Management (AAM) technology provides visibility, control, and policy enforcement across critical systems.
Cyera said the acquisition of Oasis will unify identity and data security into a single platform built to handle the growing use of AI agents. With Oasis’ capabilities for securing non-human identities, Cyera will extend its platform to help customers address emerging risks.
“Knowing your data isn’t enough if you can’t govern who or what touches it. Knowing your identities isn’t enough if you don’t know what they can see. Put those two things together and you get one system that decides what every human, machine, and agent can see and do,” said Yotam Segev, co-founder and CEO of Cyera.
The announcement comes just weeks after Cyera raised $600 million at a $12 billion valuation. Oasis Security raised $120 million in Series B funding in March.
SecurityWeek’s cybersecurity M&A tracker has cataloged 230 deals to date this year. This is the second-largest deal of 2026; the biggest is Accenture’s acquisition of a majority stake in Dragos for roughly $3.2 billion.
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