Israeli Cybersecurity Firms Cyera and Oasis Security Near $1 Billion Acquisition Deal
Israeli cybersecurity company Cyera is in advanced talks to acquire Oasis Security in a deal potentially worth around $1 billion, according to Globes. The payment is expected to be mostly in Cyera shares, with approximately 30% paid in cash. Founded in 2022, Oasis Security develops solutions for securing non-human identities, including service accounts, access keys, tokens, API connections, and AI agents. Cyera, established in 2021, specializes in cloud data security and offers a platform for identifying, mapping, and protecting sensitive information within organizational environments. As of now, neither company has officially announced the completion of the transaction.
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