Cyera has agreed to acquire Oasis Security for $1 billion, marking its third acquisition this year. The deal is aimed at bolstering the security of proliferating AI agents.
The acquisition will help Cyera safeguard rapidly expanding numbers of AI agents, according to TechCrunch. No further details regarding the specifics of the transaction were provided in the report.
This marks Cyera’s third acquisition in 2024, demonstrating an aggressive growth strategy focused on securing emerging technologies. The company did not immediately respond to a request for comment beyond the initial announcement.
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