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M&A Deal Summary

Okta Acquires Spera Security

On December 19, 2023, Okta acquired information technology company Spera Security

Acquisition Highlights
  • This is Okta’s 1st transaction in the Information Technology sector.
  • This is Okta’s 1st transaction in Israel.

M&A Deal Summary
Date 2023-12-19
Target Spera Security
Sector Information Technology
Buyer(s) Okta
Deal Type Add-on Acquisition

Target

Spera Security

Tel Aviv, Israel
Spera Security is an identity security platform that helps organizations reduce risk and drive down fragmented enterprise IT and costs. Security and IT practitioners will be able to capitalize on more integrations and enhanced visibility and protection, ongoing compliance reporting and monitoring with industry-verified Identity security benchmarks, and broader ITDR capabilities with Identity posture management. Spera Security is based in Tel Aviv, Israel.

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Buyer(S) 1

Buyer

Okta

San Francisco, California, United States
Category Company
Founded 2009
Sector Information Technology
Employees5,914
Revenue 2.6B USD (2025)
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 6 of 6
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Israel M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS 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.

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