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Okta to acquire Auth0 for USD 6.5 bln

Thursday 4 March 2021 | 08:26 CET | News
US-based identity cloud software specialist Okta said it entered into a definitive agreement to acquire fellow US-based identity management company Auth0 in a stock transaction valued at approximately USD 6.5 billion. Auth0 will continue to operate as an independent business unit inside of Okta. Both platforms will be supported, invested in, and integrated over time. Okta said the transaction will accelerate its growth in the USD 55 billion identity market.

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Categories: Internet / IT
Companies: Okta
Countries: United States / World
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