Identity management firm Okta to buy Auth0 for $6.5 bn

Identity management firm Okta has agreed to buy identity platform Auth0 in an all-stock deal valued at about $6.5 billion.
Tech deals
The deal will accelerate Okta’s growth in the $55 billion identity market.

Okta’s cloud-based offerings help verify and secure the identities of an organization’s workforce or customers before they can access certain applications or websites.

Auth0 also helps manage identities of employees and customers across a broad range of applications.