Okta completes $6.5 billion acquisition of Auth0

Together, Okta and Auth0 will look to address a broad set of digital identity use cases, providing secure access and enabling customers to safely use technology.

Both Okta’s and Auth0’s platforms will be supported, invested in, and integrated over time, in order to accelerate innovation and further develop the Okta Identity Cloud.

With combined expertise across developer communities and the enterprise, Okta and Auth0 aim to provide enhanced depth and breadth of identity solutions, and will be even better suited to integrate quickly into the modern tech stack of today’s developers.

Auth0 will operate as an independent business unit within Okta, led by Auth0 CEO and co-founder Eugenio Pace, reporting directly to Okta CEO and co-founder, Todd McKinnon.

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“Identity is one of the most strategic investments an organisation will make today,” said Okta CEO McKinnon.

“A single, unified identity platform has the power to transform an organisation by providing seamless and secure access for both customers and employees.

“Okta and Auth0 have always shared a vision for the identity market. We’re also both cloud-first, customer-first companies.

“By joining forces, we’ll give our customers more choice and flexibility, driving tremendous value and enabling them to accelerate innovation. Together, we will shape the future of identity on the internet, empowering developers to build with identity at the foundation.”

Auth0 CEO, Pace, commented: “As Okta and Auth0 join forces today, bringing together two exceptional companies, I’m more confident than ever that we will deliver on our shared vision to secure access for everyone.

“Auth0’s focus has always been on enabling product builders to innovate, and now as one company with a shared vision and combined resources, that innovation will only increase.”

Jay Bretzmann, program director for cyber security products at IDC, added: “Credence goes to those who can help us identify one another in a digital world. Okta and Auth0 provide the cloud-ready, developer-friendly tools to help in the fight.

“They’re building the platforms and technology we’ll need to take the next steps. Simple, elegant, and customer-centric.”

Kiva: a use case

Non-profit organisation Kiva, which helps users provide loans to low-income entrepreneurs and students online, is leveraging identity services from Okta and Auth0.

Its executive vice-president of engineering, Ken Leung, described how the company has benefitted from the combined capabilities: “At Kiva, we’re on a mission to expand financial access to help underserved communities around the world thrive. Identity plays an essential role in making that happen.

“Today, we leverage Auth0 to provide secure authentication to Kiva’s partners and lenders, and Okta for workforce identity, giving our team access to the critical technologies they need to best serve the millions of global entrepreneurs in our network.

“We trust both Okta and Auth0 to connect our people and technology, and are excited to see how they evolve and innovate together.”

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Aaron Hurst

Aaron Hurst is Information Age's senior reporter, providing news and features around the hottest trends across the tech industry.