Cyera has agreed to acquire Oasis Security in a deal valued at $1 billion, as companies respond to the growing use of AI agents and related security needs. Coverage of the announcement describes Oasis Security as providing an agentic access management platform. SecurityWeek reports that Oasis Security has recently raised $120 million in Series B funding for its technology, indicating continued investment in the product category. TechCrunch frames the acquisition as part of Cyera’s expansion efforts, noting it is the company’s third acquisition this year. While the sources emphasize the strategic intent to support security for increasingly deployed AI agents, they do not provide additional details such as deal structure, regulatory timeline, or whether the acquisition includes specific product lines beyond Oasis’s platform. Both outlets present the transaction value and the acquisition of Oasis Security as confirmed terms of the agreement. The combined reporting therefore centers on the $1 billion price, Oasis’s recently disclosed $120 million Series B funding, and Cyera’s active acquisition pace during the year.