Okta's cofounder explains why it's buying an automation startup for $52.5 million in its biggest deal yet

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Okta's cofounder explains why it's buying an automation startup for $52.5 million in its biggest deal yet
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Okta plans to acquire workflow automation and app integration startup Azuqua. Here's how Okta's biggest acquisition to date fits into its strategy.

says that it's acquiring Azuqua for its talent and technology — Okta helps customers log in to many apps with one user name and password; Azuqua could help itOkta announced Thursday during its earnings call that it will acquire startup Azuqua for $52.5 million — its largest acquisition to date.

Its platform will be integrated into Okta's flagship identity management tool, which helps customers log in to many work apps with just their corporate username and password. Okta says that Azuqua's software will make it possible for customers to share data between those apps, too. "Azuqua is a very good fit from a team and technology perspective," Kerrest said."Most of the engineering innovation you'll continue to see, that's all organically growing. As we see opportunities we're going to continue to be aggressive."identity management"Everyone's going to the cloud," Kerrest said."Everyone's going through digital transformation. Everyone's prioritizing software nowadays.

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