M&A Deal Summary

Okta Acquires Azuqua

On March 7, 2019, Okta acquired internet software and services company Azuqua for 53M USD

Acquisition Highlights
  • This is Okta’s 2nd transaction in the Internet Software and Services sector.
  • This is Okta’s 2nd largest (disclosed) transaction.
  • This is Okta’s 4th transaction in the United States.
  • This is Okta’s 1st transaction in Washington.

M&A Deal Summary
Date 2019-03-07
Target Azuqua
Sector Internet Software and Services
Buyer(s) Okta
Deal Type Add-on Acquisition
Deal Value 53M USD

Target

Azuqua

Seattle, Washington, United States
Azuqua, Inc. offers a cloud-native integration platform as a service (iPaaS) that supports both IT's need for governance, security and oversight and line of business users' desires for self-service process optimization. Azuqua helps the world’s major companies integrate their SaaS applications and automate time-consuming, repetitive work so they can deliver better employee and customer experiences and increase productivity. Azuqua’s intuitive, powerful, and resilient automation platform breaks down technical barriers so people can unlock new possibilities by creating enterprise-grade automations without code and at a fraction of the time and cost of custom development.

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Buyer(S) 1

Buyer

Okta

San Francisco, California, United States
Category Company
Founded 2009
Sector Information Technology
Employees5,938
Revenue 2.3B USD (2024)
DESCRIPTION

Okta is an independent provider of identity for the enterprise. The Company's Identity Cloud is its category defining platform that enables customers to securely connect people to technology, anywhere, anytime and from any device. Okta was formed in 2009 and is based in San Francisco, California.

DEAL STATS #
Overall 4 of 6
Sector (Internet Software and Services) 2 of 3
Type (Add-on Acquisition) 3 of 5
State (Washington) 1 of 2
Country (United States) 4 of 5
Year (2019) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-18 Laminate Works Dallas

Dallas, Texas, United States

Laminate Works Dallas LLC is a manufacturer of HPL decorative panels that are sold to downstream manufactures who cut, shape, and machine them to create finished products for use in multiple industries including: contract furniture including schools, restaurants and hotels, architectural casework, elevators and store fixtures.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Auth0

Bellevue, Washington, United States

Auth0 provides a platform to authenticate, authorize, and secure access for applications, devices, and users. Security and application teams rely on Auth0's simplicity, extensibility, and expertise to make identity work for everyone. Safeguarding billions of login transactions each month, Auth0 secures identities so innovators can innovate, and empowers global enterprises to deliver trusted, superior digital experiences to their customers around the world. Auth0 was founded in 2013 and is based in Bellevue, Washington.

Buy $6.5B
Mergr

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