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.

Link: https://www.cnbc.com/2021/03/03/okta-is-buying-security-rival-auth0-for-6point5-billion-stock-falls.html