Cyera to acquire Oasis Security for $1 billion

Israeli cybersecurity firm Cyera announced on Tuesday, July 28, 2026, that it has signed a letter of intent to acquire Oasis Security, a fellow Israeli startup specializing in nonhuman identity and AI agent security, in a deal valued at approximately $1 billion. The acquisition, one of the largest cybersecurity deals of the year, aims to merge data security with identity governance to address the rapid proliferation of autonomous AI agents in corporate environments.

The deal is expected to be paid mostly in cash, with reports indicating roughly $700 million in cash and the remainder in Cyera shares. Upon closing, Oasis will operate as an independent unit within Cyera. The combined entity plans to create a unified platform designed to secure what Cyera calls the "agentic enterprise."

The acquisition is driven by a surge in nonhuman identities, such as service accounts, APIs, bots, and AI workloads. Cyera CEO Yotam Segev stated that nonhuman identities inside Fortune 500 companies grew nearly 500% over the past six months, making them the fastest-growing identity type. He argued that traditional security is insufficient for this new landscape. "Knowing your data isn't enough if...