May 5, 2021 |
Okta, a US-based provider of identity authentication software, said it has acquired the Argentine startup Auth0 in a $6.5 billion stock deal, as it seeks to accelerate its growth in what it estimates to be an $80 billion market for identity authentication.
The San Francisco-based company said it will incorporate Buenos Aires-based Auth0 as a unit to expand its range of services, which help companies identify users on their apps and websites.
Auth0 CEO and co-founder Eugenio Pace will report dire
US identity authentication software provider pays $6.5 bln in an all-stock deal for Auth0