In a move to add nonhuman identity (NHI) and artificial intelligence (AI) agent management to its data security platform, Cyera has plans to acquire Oasis Security for approximately $1 billion in cash and stock.
The Cyera-Oasis Security deal, announced late July, is the latest in a series of consolidations as companies look to boost their NHI capabilities at a time when organizations must rethink privilege access management (PAM) and identity access management (IAM) to ensure emerging agents don't have unrestricted access. Recent acquisitions include, among others, Cisco's purchase of Astrix, CrowdStrike's buy of SGNL, and Palo Alto Networks' $25 billion acquisition of CyberArk.
The Cyera-Oasis combination will converge data and identity into a single control plane for agents, with privileged access redefined around business context rather than static roles, the companies said in a statement. Oasis Security specializes in lifecycle management and security for NHI and AI agents, including service accounts, API keys, service principals and other machine identities.
"What we've heard consistently from our customers is that data and identity are two sides of the same coin, and that identity is very, very fragmented and very legacy," says Jason Clark, Cyera's chief strategy officer.