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Okta says it's buying security rival Auth0 for $6.5 billion, sending stock plunging

Okta says it's buying security rival Auth0 for $6.5 billion, sending stock plunging

Okta CEO Todd McKinnon Okta Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it's spending $6.5 billion to acquire rival Auth0. Okta's shares plunged about 13% in extended trading after the announcement. The all-stock deal equals about 21% of Okta's...

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Auth0 Okta Salesforce Ventures Todd McKinnon

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