Okta to acquire Auth0 for $6.5bn.

Okta, an identity and access management company, agreed to acquire Auth0, a company that builds and operates a cloud-based identity platform for developers, for $6.5bn, a cloud-based identity platform for developers. “Combining Auth0’s developer-centric identity platform with the Okta Identity Cloud will drive tremendous value to both current and future customers. In an increasingly digital world, identity is the unifying means by which we use technology — both at work and in our personal lives. With so much at stake for businesses today, it’s critical that we deliver trusted customer-facing identity solutions. Okta’s and Auth0’s shared vision for the identity market, rooted in customer success, will accelerate our innovation, opening up new ways for our customers to leverage identity to meet their business needs," Todd McKinnon, Okta CEO and Co-Founder.