OKTA CEO Todd McKinnon on AUTH0 Acquisition and Future Business Outlook

OKTA CEO Todd McKinnon on AUTH0 Acquisition and Future Business Outlook
In a separate press release today, Okta announced it has entered into a definitive agreement to acquire Auth0, a leading identity platform for application teams, in a stock transaction valued at approximately $6.5 billion based on a fixed number of Okta shares and an Okta share price of $276.21. Together, Okta and Auth0 address a broad set of identity use cases and the acquisition will accelerate the companies’ shared vision of enabling everyone to safely use any technology, shaping the future of identity on the internet. “Combining Auth0’s developer-centric identity platform with the Okta Identity Cloud will drive tremendous value for both current and future customers,” said Todd McKinnon, Chief Executive Officer and co-founder, Okta.
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