Okta finalizes $6.5bn Auth0 deal
Okta finalizes $6.5bn Auth0 deal Okta closes deal on competitor When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. Identity provider Okta has announced its acquisition of competitor Auth0 has been successfully completed. The deal, valued at roughly $6.5 billion, was first announced someearlier this year, being described as a “major shakeup” in theidentity management space. Now that the deal has been closed, Okta said Auth0 will continue working as an independent business within Okta, led by Auth0 CEO and co-founder, Eugenio Pace, who will report directly to Todd McKinnon, Okta’s co-founder and CEO....