{"slug": "cyera-signs-loi-to-buy-oasis-security-in-reported-1-billion-deal", "title": "Cyera Signs LOI to Buy Oasis Security in Reported $1 Billion Deal", "summary": "Cyera has signed a letter of intent to acquire Oasis Security in a deal reported by TechCrunch to be worth approximately $1 billion, paid mostly in cash with the remainder in Cyera shares. The acquisition would expand Cyera's data security platform into managing AI agents and non-human identities, though no definitive agreement or closing date has been announced.", "body_md": "# Cyera Signs LOI to Buy Oasis Security in Reported $1 Billion Deal\n\n- Oasis Security confirmed that it signed a letter of intent to be acquired by Cyera. The companies have not announced a definitive agreement or closing date.\n[[1]](https://www.oasis.security/blog/next-generation-ai-security-platform)[[2]](https://en.globes.co.il/en/article-cyera-acquires-oasis-security-for-1b-1001550634) - TechCrunch reported a price of approximately $1 billion, paid mostly in cash with the remainder in Cyera shares. No acquisition financing package has been disclosed.\n[[3]](https://techcrunch.com/2026/07/28/cyera-agrees-to-acquire-oasis-security-for-1b-to-safeguard-proliferating-ai-agents/) - The combination would connect Cyera’s information about sensitive enterprise data with Oasis software for governing AI agents, service accounts and other non-human identities.\n[[4]](https://www.cyera.com/blog/one-platform-to-secure-the-agentic-enterprise)[[5]](https://www.linkedin.com/products/non-human-identity-management-oasis-oasis-security/) - Public customer materials indicate at least one overlap: Chipotle appears in customer lists for both companies. The extent of broader overlap has not been disclosed.\n[[6]](https://www.cyera.com/press-releases/cyera-raises-600-million-at-12-billion-valuation-to-continue-building-the-trust-layer-for-the-ai-era)[[7]](https://www.linkedin.com/products/non-human-identity-management-oasis-oasis-security/)\n\nCyera has signed a letter of intent to acquire Oasis Security, proposing a major expansion from data security into the management of AI agents and other machine identities. TechCrunch reported that the deal values Oasis at approximately $1 billion and would be paid mostly in cash, with the balance in privately held Cyera shares.[[3]](https://techcrunch.com/2026/07/28/cyera-agrees-to-acquire-oasis-security-for-1b-to-safeguard-proliferating-ai-agents/)\n\nThe transaction has not reached the definitive-agreement stage. Oasis confirmed the letter of intent on July 28, while Globes reported that completion remains subject to a binding agreement and required closing conditions. The public announcements reviewed by MLQ do not identify a closing timetable, regulatory filings or required approvals.[[1]](https://www.oasis.security/blog/next-generation-ai-security-platform)[[2]](https://en.globes.co.il/en/article-cyera-acquires-oasis-security-for-1b-1001550634)\n\n## Terms remain preliminary\n\nThe companies’ own announcements do not disclose the purchase price or the division between cash and shares. TechCrunch reported the approximately $1 billion value and mostly cash structure; Globes separately reported a $1 billion price but said the cash-and-stock allocation had not been made public.[[2]](https://en.globes.co.il/en/article-cyera-acquires-oasis-security-for-1b-1001550634)[[3]](https://techcrunch.com/2026/07/28/cyera-agrees-to-acquire-oasis-security-for-1b-to-safeguard-proliferating-ai-agents/)\n\nCyera has not disclosed whether it plans to use existing cash, debt or additional equity to finance the proposed purchase. The company raised $600 million in June at a $12 billion valuation, bringing its total funding to more than $2.3 billion. Cyera also said it had more than 1,500 employees across 18 countries and had tripled annual recurring revenue in each of the past three years.[[8]](https://www.cyera.com/press-releases/cyera-raises-600-million-at-12-billion-valuation-to-continue-building-the-trust-layer-for-the-ai-era)\n\nOasis raised a $120 million Series B in March, bringing its stated total funding to $195 million. The company said it served dozens of Fortune 500 businesses and that new annual recurring revenue had increased fivefold over the preceding year. Those operating figures are company claims and have not been independently verified.[[9]](https://www.newswire.com/news/oasis-security-raises-120m-series-b-to-secure-the-rise-of-enterprise-22748198)\n\nGlobes reported that Oasis would remain an independent unit within Cyera after completion and continue focusing on non-human identities. Oasis said its current platform, customer team and product roadmap would continue, though neither company disclosed retention arrangements or integration costs.[[1]](https://www.oasis.security/blog/next-generation-ai-security-platform)[[2]](https://en.globes.co.il/en/article-cyera-acquires-oasis-security-for-1b-1001550634)\n\n## Connecting identities to the data they can reach\n\nCyera’s platform is designed to discover and classify enterprise data, identify sensitive records, map access and apply data-loss prevention controls across cloud and software environments. Its product set includes Data Security Posture Management, identity capabilities, DLP and AI Guardian, which addresses employee and application use of AI services.[[8]](https://www.cyera.com/press-releases/cyera-raises-600-million-at-12-billion-valuation-to-continue-building-the-trust-layer-for-the-ai-era)\n\nOasis approaches the problem from the identity side. Its NHI Security Cloud inventories non-human identities, reconstructs their context, assigns ownership, assesses risk and applies policy-based lifecycle controls. Oasis also offers tools for provisioning machine identities with defined ownership and access policies.[[5]](https://www.linkedin.com/products/non-human-identity-management-oasis-oasis-security/)[[10]](https://www.oasis.security/blog/introducing-oasis-nhi-provisioning-transforming-nhi-security-from-day-1)\n\nThe rationale is to combine the identity behind an access request with information about the requested data. Cyera says the resulting platform would evaluate which human, machine or agent is acting, what it can reach and how sensitive that information is. That integration is a product plan rather than an independently tested capability.[[4]](https://www.cyera.com/blog/one-platform-to-secure-the-agentic-enterprise)\n\nThe customer bases are not entirely separate. Cyera identifies Paramount, Chipotle and Valvoline as customers, while Oasis’s LinkedIn product listing names Chipotle alongside Mars, Antares Capital and other organizations. That establishes at least one publicly listed overlap, but the companies have not disclosed how many customers use both platforms or whether the listed relationships are current and comparable.[[6]](https://www.cyera.com/press-releases/cyera-raises-600-million-at-12-billion-valuation-to-continue-building-the-trust-layer-for-the-ai-era)[[7]](https://www.linkedin.com/products/non-human-identity-management-oasis-oasis-security/)\n\n## Another step in identity-security consolidation\n\nOasis would be Cyera’s third acquisition announced or reported in 2026, following Ryft and Genie Security. Cyera bought Ryft in April to add a governed data platform for AI agents. Calcalist reported that Cyera acquired five-person Genie Security in May for an estimated $50 million and assigned its team to endpoint data-loss prevention.[[11]](https://www.cyera.com/press-releases/cyera-acquires-ryft-to-extend-its-agentic-ai-security-platform)[[12]](https://www.calcalistech.com/ctechnews/article/hke7g7jjfl)\n\nThe proposal follows a broader push by cybersecurity platforms into identity controls. Gartner described recent acquisitions in the sector as evidence of a shift toward integrating identity technology with broader cybersecurity platforms. CrowdStrike signed an agreement in January to acquire continuous-access company SGNL, while SailPoint completed its purchase of non-human identity specialist Entro Security in June.[[13]](https://www.gartner.com/en/documents/7347530)[[14]](https://www.crowdstrike.com/en-us/press-releases/crowdstrike-to-acquire-sgnl-to-transform-identity-security-for-ai-era/)[[15]](https://www.sailpoint.com/press-releases/sailpoint-closes-entro-security-acquisition)\n\nCyera and Oasis still must convert their letter of intent into a definitive contract. Until then, the reported price, consideration mix and post-closing structure remain proposed terms rather than a completed acquisition.[[1]](https://www.oasis.security/blog/next-generation-ai-security-platform)[[2]](https://en.globes.co.il/en/article-cyera-acquires-oasis-security-for-1b-1001550634)[[3]](https://techcrunch.com/2026/07/28/cyera-agrees-to-acquire-oasis-security-for-1b-to-safeguard-proliferating-ai-agents/)\n\n## Further sources\n\n[[1] Oasis Security confirmed that it signed a letter of intent to be acquired by Cy… ↗](https://www.oasis.security/blog/next-generation-ai-security-platform)\n\n[[2] Globes reported the proposed $1 billion price, the need for a binding agreement… ↗](https://en.globes.co.il/en/article-cyera-acquires-oasis-security-for-1b-1001550634)\n\n[[3] TechCrunch reported that the proposed transaction is valued at approximately $1… ↗](https://techcrunch.com/2026/07/28/cyera-agrees-to-acquire-oasis-security-for-1b-to-safeguard-proliferating-ai-agents/)\n\n[[4] Cyera described its plan to combine data-security context with Oasis Security’s… ↗](https://www.cyera.com/blog/one-platform-to-secure-the-agentic-enterprise)\n\n[[5] Oasis describes its platform’s identity discovery, risk assessment, threat dete… ↗](https://www.linkedin.com/products/non-human-identity-management-oasis-oasis-security/)\n\n[[6] Cyera identifies Paramount, Chipotle and Valvoline as customers in its June 202… ↗](https://www.cyera.com/press-releases/cyera-raises-600-million-at-12-billion-valuation-to-continue-building-the-trust-layer-for-the-ai-era)+9 more\n\nThe stories that matter, in one email. Free — unsubscribe anytime.", "url": "https://wpnews.pro/news/cyera-signs-loi-to-buy-oasis-security-in-reported-1-billion-deal", "canonical_source": "https://mlq.ai/news/cyera-signs-loi-to-buy-oasis-security-in-reported-1-billion-deal/", "published_at": "2026-07-29 13:52:16.004975+00:00", "updated_at": "2026-07-29 13:52:17.726830+00:00", "lang": "en", "topics": ["ai-agents"], "entities": ["Cyera", "Oasis Security", "TechCrunch", "Globes", "Chipotle"], "alternates": {"html": "https://wpnews.pro/news/cyera-signs-loi-to-buy-oasis-security-in-reported-1-billion-deal", "markdown": "https://wpnews.pro/news/cyera-signs-loi-to-buy-oasis-security-in-reported-1-billion-deal.md", "text": "https://wpnews.pro/news/cyera-signs-loi-to-buy-oasis-security-in-reported-1-billion-deal.txt", "jsonld": "https://wpnews.pro/news/cyera-signs-loi-to-buy-oasis-security-in-reported-1-billion-deal.jsonld"}}