The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now!
Companies are increasing their cloud IT spend as part of ongoing digital transformation efforts, which generate an even greater need to invest in security. For enterprises, managing the online identities of their workforce is a key part of this shift.
The Okta and Auth0 deal, which was first announced back in March, brings together two heavyweights from the identity and access management (IAM) sphere. Okta is a $35 billion publicly traded company specializing in software and APIs that enable businesses to manage how their users access online systems. Auth0, a developer-focused identify platform for “application teams,” is a venture-backed company backed by Salesforce and other big-name investors. Collectively, the companies claim Siemens, T-Mobile, Pfizer, and AMD among their customers.
As a combined entity, Okta and Auth0 are essentially leveraging their clout and experience in the enterprise and developer communities. The companies haven’t divulged specific integration plans, but they said both platforms will be “supported, invested in, and integrated over time.” Auth0 will continue to operate as an independent unit inside Okta, led by cofounder and current CEO Eugenio Pace, who will report directly to Okta CEO Todd McKinnon.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more