Okta agrees to acquire AI identity security startup Permiso; source: the acquisition is valued at just under $200M and is structured as an almost all-cash deal (Jagmeet Singh/TechCrunch)
The deal price is reported at just under $200 million, with cash doing nearly all of the work.
Okta agreed to buy Permiso, an AI identity security startup. The note attributes the valuation and deal structure to a source. It frames the transaction as part of Okta’s push into AI-related identity security. Techmeme's note
Okta agreed to buy Permiso, an AI identity security startup. The note attributes the valuation and deal structure to a source. It frames the transaction as part of Okta’s push into AI-related identity security. Techmeme's note
score 7