Okta Bets $6.5bn on Auth0 to Bolster its B2C Identity OfferingAt the beginning of March, Okta, the market leader in the identity-as-a-service (IDaaS) space, announced it was spending $6.5bn, entirely in stock, to purchase Auth0, which offers an authentication and authorization (Authn and Authz) platform as a service. The Auth0 platform is sure to enhance Okta's offerings in those spaces, where it is already a heavy hitter. However, it is really in the consumer segment that Omdia sees the greatest benefits of the acquisition.
Rik is a principal analyst in Omdia's IT security and technology team, specializing in cybersecurity technology trends, IT security, compliance, and call recording. He provides analysis and insight on market evolution and helps end users determine what type of ... View Full Bio