Live data from Hacker News

Okta to Acquire Auth0 for $6.5B

cnbc.com

171–180 of 326 posts

Re: Okta to Acquire Auth0 for $6.5B

#172
post #50

I hope this gives rise to another, smaller viable party outside of Amazon, Google, and Microsoft. Perhaps I'm jaded, perhaps hopelessly biased - but I can only see this as a net negative. Okta's open source packages receive a pitiful amount of attention (for example: https://github.com/okta/okta-oidc-js/issues?q=is%3Aissue+is%... ) with forks almost becoming a requirement. Auth0 by contrast has been "on the ball" for…

Agreed, I found it hard to write integrations with Okta and ended up using Keycloak and integrating it as an OIDC client. I found Keycloak extremely easy to setup and work with.

I wish keycloak has smaller memory footprint so I can cram it in a small vps together with other small webapps. Other than that it's excellent.

Re: Okta to Acquire Auth0 for $6.5B

#173
post #111

$6,500,000,000.00 for a company providing authentication APIs? Am I the only person left on earth that hasn't lost his mind?

Check out Auth0's pricing page and it might start to make sense to you, they're outrageously expensive

Not more expensive than Looker at ~$6000pcm. Also Looker is category leader whereas Auth0 is struggling to compete against cloud-provider supplied solutions (Cognito/Google Auth).

Re: Okta to Acquire Auth0 for $6.5B

#174
post #50

I hope this gives rise to another, smaller viable party outside of Amazon, Google, and Microsoft. Perhaps I'm jaded, perhaps hopelessly biased - but I can only see this as a net negative. Okta's open source packages receive a pitiful amount of attention (for example: https://github.com/okta/okta-oidc-js/issues?q=is%3Aissue+is%... ) with forks almost becoming a requirement. Auth0 by contrast has been "on the ball" for…

There are already true open source alternatives on the horizon such as https://github.com/ory It is about time for a new generation of identity systems in my opinion. This acquisition shows the risk of centralized, vendor locked-in services.

Also https://identityserver.io/

Re: Okta to Acquire Auth0 for $6.5B

#175
post #10

Does this rise to the level of antitrust scrutiny? Aren't these like the two biggest SSO providers?

Biggest but not a monopoly. There are numerous competitors from open-source to managed versions.

Every major cloud also has an auth/identity product and collectively probably have more total customers at this point.

Re: Okta to Acquire Auth0 for $6.5B

#176
post #50

I hope this gives rise to another, smaller viable party outside of Amazon, Google, and Microsoft. Perhaps I'm jaded, perhaps hopelessly biased - but I can only see this as a net negative. Okta's open source packages receive a pitiful amount of attention (for example: https://github.com/okta/okta-oidc-js/issues?q=is%3Aissue+is%... ) with forks almost becoming a requirement. Auth0 by contrast has been "on the ball" for…

I did an integration with AWS Cognitio. It can only act as an oauth client, not a server. So it can only let people log in with Google etc, not log in with on other apps

What? You can use Cognito User Pools to sign-up and manage user accounts in-house. That's the core of any identity solution. You can hook up Google, Facebook, etc. as identity providers if you want to give your users a third-party sign-in option.

Maybe I'm misunderstanding your use case, so correct me if I got something wrong.

Re: Okta to Acquire Auth0 for $6.5B

#177
We're using WorkOS to build Directory/SCIM and are very happy with it. They have a really good API for syncing enterprise directories (G Suite, Okta, SCIM, Azuer, etc.) and webhooks to get changes.

It's easy enough to use even for internal applications, but we're using it to integrate customer directories with our product.

We're also using it to do SSO for our product. It's much easier than trying to integrate with each of these systems.

Re: Okta to Acquire Auth0 for $6.5B

#178
post #50

I hope this gives rise to another, smaller viable party outside of Amazon, Google, and Microsoft. Perhaps I'm jaded, perhaps hopelessly biased - but I can only see this as a net negative. Okta's open source packages receive a pitiful amount of attention (for example: https://github.com/okta/okta-oidc-js/issues?q=is%3Aissue+is%... ) with forks almost becoming a requirement. Auth0 by contrast has been "on the ball" for…

We are doing this at WorkOS. :) It's like Stripe for enterprise features, including SSO/SAML, Directory/SCIM, and more. https://workos.com/docs

We used WorkOS to build SSO into our app. It took about one engineer two weeks to build and test.

Compared to Auth0 where you can't really control user sessions or access yourself, WorkOS makes way more sense in terms of not building all the hard auth extensions for SSO and retaining user accounts. It's great so far.

Re: Okta to Acquire Auth0 for $6.5B

#179
post #36

Earlier quoted context omitted.

They're not really doing the same thing but you're probably correct that most customers are just relying on AD. I can easily imagine MS beefing up their identity offering to be more on par with Okta.

We replaced Okta with Azure AD. AAD had better OIDC and SCIM support along with being _significantly_ less expensive -- plus we had to use it anyways due to M365/Azure, so Okta offered no value.

I assume that's for enterprise, not customers.

Re: Okta to Acquire Auth0 for $6.5B

#180

$6,500,000,000.00 for a company providing authentication APIs? Am I the only person left on earth that hasn't lost his mind?

I’m completely shocked by this as well. This is the most insane valuation I’ve seen in a while.

Salesforce acquired Slack for $27.7 billion 2 months ago.
Post reply on HN