151–160 of 326 posts
Wow. These guys were basically 1 and 2 when it comes to enterprise auth/CIAM. It's great news for the businesses, but will likely only decrease competition in the marketplace. There's a ton of second tier competitors out there with plausible offerings who are probably going to start consolidating to stay alive.
$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 in the same boat and I use okta for work and have no clue what the hell it does or why this just can't be accomplished using open source.
If you aren't a big-ish corp then yeah, there are tons of OSS ways of doing IdP that fit your specific tastes etc.
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.
Huh? Generally speaking, companies acquire other companies to become more valuable, not for their shares to go down. And even more so when the acquired company is a competitor.
Why do investors think this is such a backwards idea, and why did the board approve an acquisition that investors appear to be rejecting?
This is extremely unusual and the article provides zero explanation whatsoever.
Does this rise to the level of antitrust scrutiny? Aren't these like the two biggest SSO providers?
> Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it’s spending $6.5 billion to acquire rival Auth0. Okta’s shares plunged about 13% in extended trading after the announcement. Huh? Generally speaking, companies acquire other companies to become more valuable, not for their shares to go down . And even more so when the acquired compa…
But apparently Okta is also going to issue 21% new shares, diluting existing shareholders, so going down only 12% means they're actually kinda-sorta up 9%.
$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?
Idaptive, another IdP (I don't know how it compares in terms of features or client base) was bought by Cyberark for a mere $70M.
> Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it’s spending $6.5 billion to acquire rival Auth0. Okta’s shares plunged about 13% in extended trading after the announcement. Huh? Generally speaking, companies acquire other companies to become more valuable, not for their shares to go down . And even more so when the acquired compa…
More explanation here:
Earlier quoted context omitted.
Huh, I'm pretty sure it's present by default (not behind a flag) in current versions of Keycloak - would have liked to use it but our setup is so heavily firewalled tokens wouldn't make it over ;)
I'm going to check it out again today because last eval I did with this requirement was ~10 months ago
Does this rise to the level of antitrust scrutiny? Aren't these like the two biggest SSO providers?